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2 sourcesTracking since 9 Sept, 05:58

Jack Dorsey’s Block files OCC application for Bitcoin and stablecoin custody bank

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9 September
Latest9 Sept, 16:58
Block Seeks OCC Charter for Uninsured Bitcoin and Stablecoin Custody Bank
Builders Bank would operate under direct federal supervision without taking deposits or making loans, but the application still requires OCC approval.
The Defiant•The Defiant Team
First seen9 Sept, 05:58
Jack Dorsey’s Block files OCC application for Bitcoin and stablecoin custody bank
Block has applied to establish an uninsured U.S. national trust bank that would place some of its Bitcoin, stablecoin and digital asset custody operations under direct federal supervision. Block said on Tuesday that it submitted an application to the Office…
Crypto.news•Rony Roy