Dorsey's Block applies for federal bank charter to custody bitcoin and stablecoins

Jack Dorsey's Block has applied to the OCC to charter Builders Bank & Trust, an uninsured bank that would custody bitcoin and stablecoins under federal... Source: https://investinglive.com/cryptocurrency/dorsey-s-block-applies-for-federal-bank-charter-to-custody-bitcoin-and-stablecoins/