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Jack Dorsey’s Block Applies for Federal Bank Charter to Offer Crypto Custody Services

CoinCentral·September 9, 2026·1 min read
Jack Dorsey’s Block Applies for Federal Bank Charter to Offer Crypto Custody Services

Jack Dorsey's Block filed an application with the OCC to establish Builders Bank & Trust, N.A., a national trust bank that would offer custody and fiduciary services for Bitcoin and stablecoins, joining a growing list of crypto firms seeking federal bank charters.

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