Jack Dorsey wants a crypto bank… and this changes everything.
Block, Jack Dorsey’s company, has just applied for a federal banking license in the United States to operate with Bitcoin and stablecoins. The project is called Builders Bank and would operate under federal oversight, offering custody of digital assets in an institutional manner. What’s interesting is that it will NOT accept deposits or make loans—meaning it’s a bank designed purely and exclusively for the crypto ecosystem. This means serious, regulated infrastructure with institutional backing to custody your assets.
When the big players in the tech world start building financial rails for Bitcoin, the narrative of the “marginal asset” collapses on its own. This is institutional adoption in real time.
Do you think these kinds of moves bring crypto closer to or further away from the traditional financial system?
$BTC
💎 Premium signals + analysis in the VIP Chat of my profile — one-time payment of 12 USDT, lifetime access. Join here 👇
Block, Jack Dorsey’s company, has just applied for a federal banking license in the United States to operate with Bitcoin and stablecoins. The project is called Builders Bank and would operate under federal oversight, offering custody of digital assets in an institutional manner. What’s interesting is that it will NOT accept deposits or make loans—meaning it’s a bank designed purely and exclusively for the crypto ecosystem. This means serious, regulated infrastructure with institutional backing to custody your assets.
When the big players in the tech world start building financial rails for Bitcoin, the narrative of the “marginal asset” collapses on its own. This is institutional adoption in real time.
Do you think these kinds of moves bring crypto closer to or further away from the traditional financial system?
$BTC
💎 Premium signals + analysis in the VIP Chat of my profile — one-time payment of 12 USDT, lifetime access. Join here 👇