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.
Coinbase, Block, BitGo and dozens of other cryptocurrency companies signed a Bitcoin Policy Institute letter calling on AI labs to provide qualified security researchers with access to advanced AI models, arguing that current safety guardrails block legitimate defenders while attackers face no such restrictions.
