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Block Seeks Federal Charter for Bitcoin Custody Services

Guavy AI Editorial Team
Instruments
BTC
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Block, the payments company founded by Jack Dorsey, has submitted an application for a federal national trust bank charter to offer Bitcoin custody services through Builders Bank.

The move would allow Block to operate under the Office of the Comptroller of the Currency without engaging in traditional banking activities such as deposits or loans.

This development signals growing institutional interest in Bitcoin custody and could positively impact Bitcoin price predictions for 2026, according to market participants who are closely watching regulatory responses.

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