Bitcoin-Friendly Square Withdraws Banking Application [For Now]

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Bitcoin-friendly digital payments firm Square has withdrawn its application to register as a depository bank. As first reported by financial publication American Banker, Square quietly removed its name from a public list of pending bank applications maintained by the Federal Deposit Insurance Corporation (FDIC), halting — at least temporarily — its bid to become a

The post Bitcoin-Friendly Square Withdraws Banking Application [For Now] appeared first on CCN

Posted by Josiah Wilmoth on July 6, 2018 @ https://www.ccn.com/bitcoin-friendly-square-withdraws-banking-application-for-now/

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