Washington-based Compass Coffee has become the first merchant to accept Bitcoin for payment via the Square Bitcoin terminal.

Square has enabled Compass Coffee as the first business to accept Bitcoin payments through Square’s point-of-sale terminal.

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Block announced that its Square division, whose point-of-sale systems are a cornerstone of small businesses worldwide.

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Compass Coffee in Washington, D.C. made history by accepting Bitcoin through Square's point-of-sale terminal, showcasing the ...