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Block to Enable Merchants to Accept Bitcoin Payments

  • Square's business technology platform, Block, plans to introduce bitcoin payments for merchants using the Square Point of Sale app.
  • The new offering, expected to roll out in the second half of 2026, aims to enable faster payments for small businesses and provide economic empowerment.
  • Customers will be able to pay with bitcoin through Square's integration and Lightning Network for near-instant settlement by scanning a QR code at checkout.
  • This initiative builds upon Square's existing Bitcoin Conversions features to support a decentralized, low-cost money system for Square sellers.

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