Dorsey's Block applies for federal bank charter to custody bitcoin and stablecoins

<p dir="ltr">Bitcoin showed only a modest reaction to the filing, easing from session highs near 78,900 dollars to lows around 78,000 dollars on September 8, a move too shallow to read as a clear market verdict. That restraint fits the nature of the news: a charter application signals intent, not regulatory approval, and traders have grown accustomed to a steady stream of OCC filings from crypto a