Block Seeks OCC Charter for Uninsured Bitcoin and Stablecoin Custody Bank
Block has applied to establish Builders Bank & Trust, N.A., which, if approved, would be an uninsured national trust bank under direct federal supervision, the company said on Sept. 8. The proposed bank would provide cus...
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Bitcoin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not...
Jack Dorsey’s Block seeks OCC approval to establish national trust bank for Bitcoin, stablecoin custody
Block's move to establish a national trust bank could significantly enhance regulatory clarity...
Block seeks federal charter for Bitcoin custody services through Builders Bank
Block's federal charter pursuit may boost institutional Bitcoin interest, potentially impacting...
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