The instrument, referred to as Bitcoin Conversions, will set eligible Sq. customers up with a devoted Money App account programmed to obtain 1% to 10% of their retailer’s revenues, which is able to then be transformed on their behalf into BTC, which may then be held, bought or transferred “as they see match.” The service will likely be restricted to sole proprietors or single member LLCs till a full rollout to Sq. prospects within the coming months.
