CoinScoopBlock Seeks U.S. Trust Bank Charter for Bitcoin and Stablecoin Custody
Block, led by Jack Dorsey, has applied to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust. The proposed national trust bank would provide custody and fiduciary services for digital assets, including Bitcoin and stablecoins, without accepting deposits or issuing loans.
Summaries are written by AI from the original article. Not investment advice.