Square Cash and Line (mobile aps) announce buying and selling of various cryptocurrencies
On January 31st, Square, Inc. stated that they would allow the buying and selling of cyrptocurrency on their app. In a separate tweet Square (mobile app, as well) stated they would allow the buying and selling of bitcoin instantly. Regarding price it seems the increase of ways to buy bitcoin with fiat will only increase the availability of bitcoin and increase the price.
That same day, LINE Corporation, the company behind the LINE messaging app, which is one of the most widely used in several Asian countries, revealed plans to integrate a new range of "financial services, including a place to exchange and transact virtual currencies, loans, and insurance," into the app itself.
The Japanese firm reports that it has applied to the country's Financial Services Agency for status as an authorized digital asset exchange.
Last year, the application incorporated a feature called LINE Pay, which supports the sending and receiving of fiat currency.
On January 23, Stripe, a company that offers a commercial payments service, announced that it would stop processing payments denominated in bitcoin, citing increases in transaction fees and processing times.
Shortly thereafter, a twitter account operated by Lightning Network personnel replied to a tweet relating to the announcement, offering to "chat about integrating lightning support for bitcoin" on the platform. Stripe CEO Patrick Collison "liked" the reply.
That same day, LINE Corporation, the company behind the LINE messaging app, which is one of the most widely used in several Asian countries, revealed plans to integrate a new range of "financial services, including a place to exchange and transact virtual currencies, loans, and insurance," into the app itself.
The Japanese firm reports that it has applied to the country's Financial Services Agency for status as an authorized digital asset exchange.
Last year, the application incorporated a feature called LINE Pay, which supports the sending and receiving of fiat currency.
On January 23, Stripe, a company that offers a commercial payments service, announced that it would stop processing payments denominated in bitcoin, citing increases in transaction fees and processing times.
Shortly thereafter, a twitter account operated by Lightning Network personnel replied to a tweet relating to the announcement, offering to "chat about integrating lightning support for bitcoin" on the platform. Stripe CEO Patrick Collison "liked" the reply.
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