Bitcoin Magazine Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter Bitcoin-focused Block Inc. has become the latest company to apply for a U.S. banking charter.  The company, which manages Square, Cash App, and Bitkey, said Wednesday that it had submitted an application to the Office of the Comptroller of the Currency

Bitcoin Magazine Steak ‘n Shake Says Sales Grew Double Digits Since Bitcoin Adoption Burger restaurant franchise Steak ‘n Shake has said that accepting bitcoin payments has helped the company grow.  Writing on its X account Tuesday, the Indianapolis, Indiana-based company said since accepting the largest cryptocurrency, it has achieved double-digit same-store sales growth.  It added:

Bitcoin Magazine Iran Continues Using Bitcoin To Keep Economy Stable: Report Iran is continuing to use bitcoin as a way to skirt around sanctions as the country’s central bank turns a blind eye, according to reports.  The Financial Times on Wednesday reported that the Middle Eastern country was using cryptocurrencies, including bitcoin, to settle cross-border

Bitcoin Magazine VerifiedX Launches $15 Million Financing Round to Deploy Institutional Bitcoin Infrastructure VerifiedX (verifiedx.io), the programmable financial operating system for Bitcoin and intelligent assets, today announced that its Foundation has launched a $15 million financing round and the first institutional investors have already invested. Initial capital will fund VerifiedX’s institutional Bitcoin distribution. Cantor Fitzgerald

Bitcoin Magazine VerifiedX Launches $15 Million Financing Round to Deploy Institutional Bitcoin Infrastructure VerifiedX (verifiedx.io), the programmable financial operating system for Bitcoin and intelligent assets, today announced that its Foundation has launched a $15 million financing round and the first institutional investors have already invested. Initial capital will fund VerifiedX’s institutional Bitcoin distribution. Cantor Fitzgerald