By Joon Ian Wong | Quartz | 3 months 22 hours ago | Business
Square’s stock price has enjoyed a major boost since it began letting users buy and sell bitcoin on the company’s Cash payments app. But the feature only got there because Square founder and CEO Jack Dorsey joined a company hackathon, intent on finding a way to put bitcoin on his Cash payments card. The firm had been letting merchants accept bitcoin payments since 2014, but uptake was weak, with...
By | Reuters | 3 months 23 hours ago | Business
NEW YORK (Reuters) - Square Inc's decision to allow users of its mobile app to buy and sell bitcoin this year was a "pretty contentious move within the company" and remains a source of internal tension, the payment processor's CEO Jack Dorsey said on Wednesday.