Jack Dorsey's financial technology company Block has submitted an application to the Office of the Comptroller of the Currency to establish Builders Bank & Trust, a federally regulated national trust bank that would provide custody and fiduciary services for Bitcoin and stablecoins.
Block Inc. has applied to the Office of the Comptroller of the Currency to establish Builders Bank & Trust, an uninsured national trust bank that would provide a federal framework for custody of Bitcoin, stablecoins, and other digital assets.
India's cybercrime agency has ordered GitHub to take down Bitchat, a Bluetooth mesh messaging app created by Jack Dorsey that enables offline communication and bitcoin transactions, citing security concerns as protesters use it to bypass internet shutdowns during ongoing demonstrations in Delhi.
