BlockchainBaron
Fri Jul 12 2024
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5 answers
1353
Is square launching a 'decentralized financial services' based on Bitcoin?
Could you elaborate on the recent rumors surrounding Square's potential launch of a 'decentralized financial services' platform built on Bitcoin? There have been whispers in the crypto community about this, but the details remain vague. Would this be a full-fledged banking alternative or simply a set of tools for financial transactions using Bitcoin? What kind of services would it offer? And how would it ensure security and compliance with regulatory requirements? Clarifying these aspects would greatly benefit investors and the broader cryptocurrency ecosystem.
