Twitter and Square CEO Jack Dorsey announces that he supports Bitcoin. He believes the cryptocurrency is a long-term path towards greater financial access for all.
Big market players are now entering the cryptocurrency arena. As a result, users are looking towards more straightforward access to crypto services through such adoption. However, there are setbacks. Tech giant Microsoft temporarily suspended bitcoin payments and transactions. Microsoft had been the most prominent company to have announced support for the virtual currency’s payment use last year but is now, surprisingly, no longer accepting the flagship cryptocurrency.