Block Applies for US National Trust Bank Focused on Bitcoin, Stablecoin Custody

thecryptobasic2026-09-09 10:47:03

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Block Applies for US National Trust Bank Focused on Bitcoin, Stablecoin Custody

Jack Dorsey’s Block is pursuing a federal banking charter in the United States as it looks to bring Bitcoin and stablecoin custody operations into a nationally regulated trust institution. Block announced the move Tuesday, saying the proposed institution will operate as Builders Bank & Trust, N.A.

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