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Square Launches BTC Payment Feature, Serving Over 4 Million Merchants in 8 Countries

2 hours ago

On November 11th, the payment giant Square has initiated a Bitcoin payment feature, enabling merchants to activate it on the POS side. Currently, it merely supports offline and in-person payments, while the online and invoicing functions are under development. The official announcement indicates that there will be no transaction fees for receiving payments until 2027, and afterwards, a fee of 1% is anticipated. Currently, the Square ecosystem encompasses 8 countries and more than 4 million merchants. Some users have reported encountering this feature at a coffee shop in the United States, and the Cash App has simultaneously launched a global BTC merchant map. (Cointelegraph)

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SoftBank is set to invest an additional $2.25 billion in OpenAI in December through the Vision Fund 2.

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