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 custody and related fiduciary services, including for bitcoin and stablecoins,… Read the full story at The Defiant
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Block Seeks OCC Charter for Uninsured Bitcoin and Stablecoin Custody Bank
