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Jack Dorsey Touts 'Bitcoin Only' Cash App, Says Block's Wallet 'Improving Rapidly' - Coinbase Global (NASDAQ:COIN)

Summary by Benzinga
Jack Dorsey, co-founder and executive chair of Block Inc. (NYSE:XYZ), reiterated the Bitcoin (CRYPTO: BTC)-only strategy of its "Cash App" digital wallet service on Tuesday. What happened: Dorsey took to X, stating, "We are Bitcoin only. And improving rapidly,” in response to a post that praised Cash App's Bitcoin features The quoted post, by a Bitcoin maxi named HFSP.eth | ₿itcoin Only, said that Cash App allows users to convert their direct de…

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MaxBit broke the news in on Wednesday, June 4, 2025.
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