Jack Dorsey’s Block has filed an application with the Office of the Comptroller of the Currency (OCC) for a national trust-bank charter. If approved, the charter would allow Block to custody Bitcoin and stablecoins, marking a strategic step toward integrating financial infrastructure with crypto assets. This move signals Block’s intent to operate as a regulated custodian, offering secure storage and management services for digital assets. It reflects a broader push by fintech leaders to bridge traditional banking frameworks with emerging blockchain technologies. Approval could position Block as a key player in the evolving intersection of finance and cryptocurrency.
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2September 8, 2026 656
