{"id":655202,"date":"2026-09-09T07:53:45","date_gmt":"2026-09-09T07:53:45","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/09\/09\/jack-dorseys-block-seeks-us-trust-bank-charter-for-bitcoin-stablecoin\/"},"modified":"2026-09-09T07:53:45","modified_gmt":"2026-09-09T07:53:45","slug":"jack-dorseys-block-seeks-us-trust-bank-charter-for-bitcoin-stablecoin","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/09\/09\/jack-dorseys-block-seeks-us-trust-bank-charter-for-bitcoin-stablecoin\/","title":{"rendered":"Jack Dorsey\u2019s Block seeks US trust bank charter for Bitcoin, stablecoin"},"content":{"rendered":"

\"Jack<\/p>\n

The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans.<\/p>\n

Jack Dorsey\u2019s payments company Block seeks to establish a federally regulated trust bank to provide custody services for Bitcoin and stablecoins.<\/p>\n

Block said<\/a> Tuesday it had submitted an application to the Office of the Comptroller of the Currency (OCC) to create Builders Bank & Trust, an uninsured national trust bank. If approved, the bank would operate under OCC supervision and offer custody and related fiduciary services.\u00a0<\/p>\n

Block said the charter would give its custody operations a consistent national framework as the business expands. The proposed bank would not accept deposits or make loans, separating it from a conventional commercial bank.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Jack Dorsey\u2019s payments company Block seeks to establish a federally regulated trust bank to provide custody services for Bitcoin and stablecoins. Block said Tuesday it had submitted an application to the Office of the Comptroller of […]<\/p>\n","protected":false},"author":1,"featured_media":655203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-655202","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/655202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=655202"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/655202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/655203"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=655202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=655202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=655202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}