Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin

Crypto Insight Summary: The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Crypto Insight Analysis: Direction: Bullish BTC / Neutral Stablecoins Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Potential increased institutional adoption of Bitcoin through regulated custody services.