⚪️ Jack Dorsey’s “Block” company applies for a federal national trust bank license.
The “Block” company aims to provide custody services for Bitcoin for institutions and will operate as an entity that does not accept deposits or offer loans, pending regulatory approval from the Office of the Comptroller of the Currency (OCC).
The “Block” company aims to provide custody services for Bitcoin for institutions and will operate as an entity that does not accept deposits or offer loans, pending regulatory approval from the Office of the Comptroller of the Currency (OCC).