Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

The tool, called Bitcoin Conversions, will set eligible Square users up with a dedicated Cash App account programmed to receive 1% to 10% of their store’s revenues, which will then be converted on their behalf into BTC, which can then be held, sold or transferred “as they see fit.” The service will be limited to sole proprietors or single member LLCs until a full rollout to Square customers in the coming months.

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