CRYPTO INSIDER: Square officially has a 'bitlicense'

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Square, the payments company started by Twitter CEO Jack Dorsey, officially became the ninth company to receive a “bitlicense” from New York State on Monday. Shares spiked after the company announced the news.

In the news:


New to Crypto Insider? Business Insider has a ton of articles to get you caught up to speed, including:

What other questions do you have about crypto? Ask them in Business Insider’s Crypto Insider Facebook group today to discuss with readers from all over the world, as well as BI editorial staff.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.