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Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter

Bitcoin Magazine·September 9, 2026·1 min read
Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter

Jack Dorsey's Block applied for a banking charter to launch Builders Bank, which would offer custody and fiduciary services for bitcoin. This move makes Block the latest bitcoin-focused company to seek a banking license, expanding its role in digital asset services.

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