Jack Dorsey’s payments firm Square picks up New York BitLicense

BitLicense, also known as the business license for virtual currency activities in New York, is gradually losing its “elusive” moniker.
On Monday, the New York State Department of Financial Services (NYDFS) announced that it has approved financial serv…

Square’s Cash App Receives BitLicense for NY State Allowing Users to Trade in Cryptocurrencies

Jack Dorsey, CEO of Square Inc. tweeted that the company has received “BitLicense” for the New York State much to the joy of its shareholder as they saw the shares rally on NYSE early in trade. The Cash app of the company will now allow peer to peer bi…

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