Block Taking Another Major Step Into Crypto! 📰
Jack Dorsey’s Block has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust-bank charter, aiming to provide custody services for Bitcoin and stablecoins. If approved, the move would give Block a regulated banking framework for its digital-asset custody ambitions bringing BTC and stablecoins further into the traditional financial system.
Crypto adoption is not slowing down, it’s becoming institutional! 🏦
Jack Dorsey’s Block has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust-bank charter, aiming to provide custody services for Bitcoin and stablecoins. If approved, the move would give Block a regulated banking framework for its digital-asset custody ambitions bringing BTC and stablecoins further into the traditional financial system.
Crypto adoption is not slowing down, it’s becoming institutional! 🏦
