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Why It Matters
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.
Provenance
Discovered via TechMeme and published by techmeme.com.
Original description
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.
Discovered via TechMeme
Headline clustering and publisher rollups from Techmeme.
Publisher: techmeme.com
ID: https://www.techmeme.com/260908/p42#a260908p42 · Indexed about 2 hours ago