Square opens new Bitcoin business named TBD: Jack Dorsey

San Francisco: Twitter CEO Jack Dorsey has announced to create a new business focused on building an open developer platform for Bitcoin for his financial payments company Square..

Called ‘TBD,’ the new business joins existing payments services like Seller, Cash App and Tidal) “with the sole goal of making it easy to create non-custodial, permission-less, and decentralised financial services, Dorsey said in a tweet.

“Our primary focus is #Bitcoin. Its name is TBD,” he added.

Doresy said that like its new Bitcoin hardware wallet, the company is going to do this completely in the open.