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Jack Dorsey renames 'Square' as 'Block'; to renew focus on cryptocurrencies

Shortpedia

Content Team
Image Credit: shortpedia

Jack Dorsey's financial services company 'Square' will be renamed as Block, effective from December 10, as the former Twitter CEO renews his focus on Blockchain and cryptocurrencies. This announcement came after Square Founder Dorsey, who is a staunch supporter of Bitcoin, stepped down as Twitter CEO. "We built the Square brand for our Seller business, which is where it belongs," said Dorsey.