Block's Digital Asset Gambit: A Calculated Bet on Regulation Block, Inc.
's (NYSE:XYZ) recent filing with the Office of the Comptroller of the Currency (OCC) to charter a new bank is being hailed as a bold move in the world of digital assets. The proposed Builders Bank & Trust, N. A.
, would be an uninsured national trust bank focused on fiduciary and custody services for digital assets.