SQ - 'Move Your Bitcoin Off The Exchanges': Jack Dorsey's Block Launches Self-Custody BTC Wallet | Benzinga
Block Inc (NYSE: SQ), a company established by Jack Dorsey, has launched its self-custody Bitcoin (CRYPTO: BTC wallet, Bitkey, now accessible in over 95 countries.
What Happened: Self-custody Bitcoin wallet, Bitkey will be available as a mobile app or hardware storage and will highlight a two-of-three multi-signature wallet consisting of a mobile key, a hardware key, and a server key.
It will also have a secure hardware device alongside recovery tools in the event of loss. The user’s fingerprint and phone, both, will be required to approve any transactions.
Dorsey took to X and said, "Move your bitcoin off the exchanges.” Ownership, security, convenience, and peace of mind are the features that Bitkey highlights on its website.
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