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Wire · regulatory

Jack Dorsey's Block Seeks US Bank Charter for Bitcoin and Stablecoin Custody

9 September 2026 · By · Wire by Fusion42

Published

9 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at bitcoinfoundation.org →

◆ Verified

Fusion42 · 9 September 2026 · Fusion42 review

Block, co-founded by Jack Dorsey, is seeking a US bank charter to legally custody Bitcoin and stablecoins, aiming to bridge traditional banking and crypto markets under regulatory oversight in the United States.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.

◆ ◆ The Wire takeaway

You face clearer paths into regulated crypto custody with US bank charters opening for custody of Bitcoin and stablecoins. This blurs lines between crypto startups and traditional banks and opens regulatory doors you can now push through.

◆ Coverage

2 sources · 9 Sep 2026

◆ Related on Wire

◆ Topics

Fintechcryptobank-charterstablecoin-custodyregulationfintech