KIEV. 15 Aug. UNN. Residents of the 50 us States got the opportunity to buy and sell bitcoins using the Cash app App from the payment solutions provider Square. It is reported by trade publication sirius-crypto, reports UNN.

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It is noted that in January, Square has made buying and selling bitcoins available for almost all US citizens, with the exception of Wyoming, new York and two other States where the regulations are particularly strict.

“However, in June the company Square got Regulations with a special license to conduct business in new York state”, – stated in the message.

It is also reported that the audience of Square has grown rapidly, despite the deep drop in market capitalization of cryptocurrencies.

“So, in may-June the number of users Cash App increased by 4 million people. With a customer base growing company revenues, including from cryptocurrency transactions”, – stated in the message.

Startup Square is headed by the CEO of Twitter Jack Dorsey. It is perceptible that he had previously said that the Internet needs its own native cryptocurrency that can be bitcoin.

We will remind that recently the CEO of American financial holding JPMorgan Jamie Dimon criticized towards bitcoin, calling this fraudulent currency and uninteresting.

Ukraine, meanwhile, is still undecided in the regulation of cryptocurrencies.

The Verkhovna Rada registered several bills to legalize the cryptocurrency market in the country. NBU offers MPs called premature and “raw”.

One of the documents was prepared by the MP from the RPL Serhiy Rybalka. The team of authors of the bill “On stimulation of the cryptocurrency market and its derivatives” he turned on his civil wife — Anastasia Bayborodina. Then, colleagues in the radical faction criticized the latest “for pulling the familiar” in the lists of legislators.

With regard to the nature of the proposed Fishing of the bill, the experts of the Bitcoin Foundation, called it meaningless.

And the General Director of investment and banking firm European Capital Management Vadim Brailovsky, and even stated that the initiative of a radical is nothing more than political populism.