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Block says it has submitted an application to US regulators to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust (Elias Schisgall/Wall Street Journal)

Techmeme 08 September 2026 15m ago
Block says it has submitted an application to US regulators to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust (Elias Schisgall/Wall Street Journal)
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Elias Schisgall / Wall Street Journal : Block says it has submitted an application to US regulators to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust — The financial technology company is seeking to establish a federally regulated, uninsured national trust bank — Block wants to build a bank.
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