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What Square’s Expansion Means for Traditional Banking and Crypto World

Jack Dorsey’s Square, the point-of-sale (POS) payment processor and the parent company of Cash App has agreed to acquire installment-payment firm Afterpay for $29 billion in the push to offer cheaper, more responsible transactions. This comes on the heels of Cash App’s bitcoin revenue rising 200% in Q2 to $55 million.

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Відео

Hong Kong Crypto Crime Surges, Tencent Launches NFT Platform

Crypto-related crimes surge to record levels in Hong Kong. Australia’s Afterpay to be acquired by Square. Chinese tech giant Tencent launches an NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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