Jack Dorsey’s Block files OCC application for Bitcoin and stablecoin custody bank
macro
Block, led by Jack Dorsey, has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The proposed institution would provide custody services for Bitcoin and stablecoins, expanding Block’s regulated digital-asset infrastructure. If approved, the charter could strengthen institutional confidence in Block’s Bitcoin offerings while subjecting them to federal banking oversight.
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