Square is building a Decentralized Bitcoin Exchange

Key Points:

  • Payment giant, Square was cofounded by Twitter cofounder and CEO Jack Dorsey

    • Dorsey announced TBD last month, a “Bitcoin-centric division”, which has been revealed to be tasked with building an open platform to create this decentralized exchange (DEX)

  • Square owns Cash App which was quick to integrate a way to allow users to buy and sell Bitcoin on the app

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