Cryptocurrency support in mobile payment application. Square, an American technology company, reported the buying and selling bitcoin function in the Square Cash application. Payment for services and transfers to digital currencies will remain unavailable for the time being. Currently, the application is running in the test mode. Sarah Fryar, Square’s Financial Director, said: "Our customers are interested in using the application to buy bitcoin. Now we are studying how to make this process faster and easier, with the help of a small test group. Every day, the crypto currency plays an increasingly important role in the world financial system".
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