What about regulations and Block’s financial outlook?
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Q: Is Square Bitcoin compliant?
A: Yes. Square is committed to full AML and KYC compliance, while regulators such as the CFPB and FinCEN continue to monitor Bitcoin payments.Q: Are there any restrictions?
A: The rollout is nationwide except for New York due to local regulatory rules.Q: How did the market react?
A: Block’s stock rose 2.64% to $81.11 on the announcement day, reflecting investor optimism despite a 4.5% decline year-to-date.