{"id":7549,"date":"2018-06-22T15:37:08","date_gmt":"2018-06-22T15:37:08","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=7549"},"modified":"2018-06-22T15:37:08","modified_gmt":"2018-06-22T15:37:08","slug":"new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/","title":{"rendered":"New Yorkers Can Now Trade Bitcoin Thanks To Cash App"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg\" alt=\"Cash App\" width=\"300\" class=\"alignright size-full wp-image-7550\" \/>New Yorkers will now be able to trade bitcoins anywhere using the popular <strong>Cash App<\/strong> from Square. Square is currently the most popular payment application on both iOS and Android that allows people to transfer funds to one another easily. New Yorkers will now be able to trade bitcoin after the <strong>New York State Department of Financial Services<\/strong> (DFS) issued Square a \u2018<em><a href=\"https:\/\/www.dfs.ny.gov\/legal\/regulations\/bitlicense_reg_framework.htm\">bitlicense<\/a><\/em>\u2019 which is required for the company to serve as a bitcoin exchange in the state.<\/p>\n<p>Square has <a href=\"https:\/\/www.legitgambling.com\/news\/twitter-ceo-dorseys-square-cash-app-facilitates-bitcoin-trading\/\">already been processing bitcoin trades<\/a> in a number of other states but their entry into the New York bitcoin market does come as somewhat of a surprise. The state\u2019s DFS is notoriously strict when it comes to issuing its bitlicenses and Square is only the ninth company that has been certified in New York.<\/p>\n<p>In a statement, <strong>Brian Grassadonia<\/strong>, Head of Cash App said <\/p>\n<blockquote><p>We are thrilled to now provide New Yorkers with Cash App&#39;s quick and <a href=\"https:\/\/www.legitgambling.com\/cryptocurrency\/bitcoin\">simple way to buy and sell bitcoin<\/a>. Square and the New York State DFS share a vision of empowering people with greater access to the financial system and today&#39;s news is an important step in realizing that goal<\/p><\/blockquote>\n<p>Founded in 2009 by Twitter CEO <strong>Jack Dorsey<\/strong>, Square specializes in delivering payment processing options to the wider market. Their products focus on converting mobile devices like iPads and smartphones into point-of-sale terminals, which is a big boost for many of the small-time merchants. The Square Cash app has become the company&#39;s biggest product allowing for payments anywhere.<\/p>\n<h2>New York Will Be A Big Market For Square<\/h2>\n<p>With their entry into the New York market, Square has stolen a march on quite a few competitors and given the <a href=\"https:\/\/cash.app\">Cash App<\/a> a big boost. This is mainly because of the size of the New York market and the limited competition in the area. Right now, the only competition for the Cash app in New York when it comes to bitcoin market shares is <a href=\"https:\/\/www.legitgambling.com\/cryptocurrency\/exchange\/coinbase\">Coinbase<\/a>. Customers now have a choice between the two and Square has a largely untapped market ready and waiting to be captured.<\/p>\n<p>Square has been growing leaps and bounds in the past few years, with a customer base numbering seven million as of December 2017. With the bitcoin option opening up in New York, a large number of new users are expected to be added to the Square customer database.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square. Square is currently the most popular payment application on both iOS and Android that allows people to transfer funds to one another easily. New Yorkers will now be able to trade bitcoin after the New York State Department [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,2],"tags":[],"class_list":["post-7549","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-legislation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Yorkers Can Now Trade Bitcoin Thanks To Cash App<\/title>\n<meta name=\"description\" content=\"New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Yorkers Can Now Trade Bitcoin Thanks To Cash App\" \/>\n<meta property=\"og:description\" content=\"New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-22T15:37:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg\" \/>\n<meta name=\"author\" content=\"Kate Leaman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@KateLLeaman\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kate Leaman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/\"},\"author\":{\"name\":\"Kate Leaman\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/d08e190f732ea23e0fb1df4100c9c06c\"},\"headline\":\"New Yorkers Can Now Trade Bitcoin Thanks To Cash App\",\"datePublished\":\"2018-06-22T15:37:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/\"},\"wordCount\":409,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/cash-app.jpg\",\"articleSection\":[\"Bitcoin\",\"Legislation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/\",\"name\":\"New Yorkers Can Now Trade Bitcoin Thanks To Cash App\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/cash-app.jpg\",\"datePublished\":\"2018-06-22T15:37:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/d08e190f732ea23e0fb1df4100c9c06c\"},\"description\":\"New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/cash-app.jpg\",\"contentUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/cash-app.jpg\",\"width\":380,\"height\":250,\"caption\":\"Cash App\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/d08e190f732ea23e0fb1df4100c9c06c\",\"name\":\"Kate Leaman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/kate-leaman.jpg\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/kate-leaman.jpg\",\"contentUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/kate-leaman.jpg\",\"caption\":\"Kate Leaman\"},\"description\":\"Kate is our resident cryptocurrency expert, she will be guiding you through the rise of new digital coins as well as providing insights of what's to come and what to avoid going forward..\",\"sameAs\":[\"https:\\\/\\\/x.com\\\/KateLLeaman\"],\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/author\\\/kate-leaman\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Yorkers Can Now Trade Bitcoin Thanks To Cash App","description":"New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/","og_locale":"en_US","og_type":"article","og_title":"New Yorkers Can Now Trade Bitcoin Thanks To Cash App","og_description":"New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square.","og_url":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/","article_published_time":"2018-06-22T15:37:08+00:00","og_image":[{"url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg","type":"","width":"","height":""}],"author":"Kate Leaman","twitter_card":"summary_large_image","twitter_creator":"@KateLLeaman","twitter_misc":{"Written by":"Kate Leaman","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/#article","isPartOf":{"@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/"},"author":{"name":"Kate Leaman","@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/d08e190f732ea23e0fb1df4100c9c06c"},"headline":"New Yorkers Can Now Trade Bitcoin Thanks To Cash App","datePublished":"2018-06-22T15:37:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/"},"wordCount":409,"commentCount":0,"image":{"@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg","articleSection":["Bitcoin","Legislation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/","url":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/","name":"New Yorkers Can Now Trade Bitcoin Thanks To Cash App","isPartOf":{"@id":"https:\/\/www.legitgambling.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/#primaryimage"},"image":{"@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg","datePublished":"2018-06-22T15:37:08+00:00","author":{"@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/d08e190f732ea23e0fb1df4100c9c06c"},"description":"New Yorkers will now be able to trade bitcoins anywhere using the popular Cash App from Square.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legitgambling.com\/news\/new-yorkers-can-now-trade-bitcoin-thanks-to-cash-app\/#primaryimage","url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg","contentUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/06\/cash-app.jpg","width":380,"height":250,"caption":"Cash App"},{"@type":"WebSite","@id":"https:\/\/www.legitgambling.com\/news\/#website","url":"https:\/\/www.legitgambling.com\/news\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legitgambling.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/d08e190f732ea23e0fb1df4100c9c06c","name":"Kate Leaman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/kate-leaman.jpg","url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/kate-leaman.jpg","contentUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/kate-leaman.jpg","caption":"Kate Leaman"},"description":"Kate is our resident cryptocurrency expert, she will be guiding you through the rise of new digital coins as well as providing insights of what's to come and what to avoid going forward..","sameAs":["https:\/\/x.com\/KateLLeaman"],"url":"https:\/\/www.legitgambling.com\/news\/author\/kate-leaman\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts\/7549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/comments?post=7549"}],"version-history":[{"count":0,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts\/7549\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/media?parent=7549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/categories?post=7549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/tags?post=7549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}