The American company Square Inc. started to allow buying bitcoins within their app in early January this year. The only problem was that several U.S. states had difficulties on regulating the issue of cryptocurrency. Those were Wyoming, New York and two other states. Now they’ve come out with an announcement that all U.S. States approved their app.
Cash App is a mobile payment service allowing users to transfer money to one another using a mobile phone app. As of February 18, 2018, the service recorded 7 million active users.
They have a very original description on their web-site:
“It’s Friday. You wake up to a $15 Cash App notification. A pal paid you back for that pizza you shared. Your balance now reads $172.30.
You use your new money to get $1 off coffee with your personalized Cash Card. You even hit up the ATM after.
5PM. Direct deposit hits. Do you buy Bitcoin, or do you cash out instantly to another bank? With Cash App, you decide.”