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Jack Dorsey's Block Seeks US Trust Bank Charter For Bitcoin, Stablecoin
Jack Dorsey's Block Seeks US Trust Bank Charter For Bitcoin, Stablecoin
Authored by Ezra Reguerra via Cointelegraph,
Jack Dorsey's payments company Block seeks to establish a federally regulated trust bank to provide custody services for Bitcoin and stablecoins.
Block said Tuesday it had submitted an application to the Office of the Comptroller of the Currency (OCC) to create Builders Bank & Trust, an uninsured national trust bank.
If approved, the bank would operate under OCC supervision and offer custody and related fiduciary services.
Block said the charter would give its custody operations a consistent...
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Aug 17, 2026 / Tyler Durden
Fake News, Part I: The Long History
Fake News, Part I: The Long History
Authored by John Maxwell Hamilton via RealClearPolitics,
In 1896, a daring journalist covering the Cuban revolution against their colonial masters crossed the Spanish lines three times to interview insurgent leaders. William Francis Mannix's final trip into the Cuban interior was made at the request of the leader of the insurgent government, Salvador Cisneros Betancourt. El Presidente Cisneros wanted the intrepid correspondent to carry back an appeal begging for support from the American people.
Mannix's riveting reports appeared on the front page of the New York...
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Oct 16, 2026 / Tyler Durden
Mamdani Moves To Ban Horse Carriages From NYC, Drivers React
Mamdani Moves To Ban Horse Carriages From NYC, Drivers React
Authored by Nicholas Zifcak via The Epoch Times,
Mayor Zohran Mamdani has confirmed that he and the City Council speaker have agreed to phase out carriage horse rides in Central Park, a win for animal rights activists who have long opposed the rides.
The mayor said he would make sure workers and owners are protected as the rides wind down, with an end date of June 1, 2028.
"I think that we have a civic responsibility to ensure that we are not leaving...
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Jun 18, 2026 / Tyler Durden
Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List
Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List
Ferrari is reportedly using its first-ever EV, the Luce, a €550,000 model that looks more like a cross between a Tesla and a Kia, as a loyalty test inside its highly coveted allocation system.
Ferrari's allocation system is a notoriously exclusive, invitation-only process managed directly by the factory in Maranello. Rather than using waitlists, Ferrari curates ownership by evaluating a buyer's loyalty to the brand, requiring customers to build a multi-million-dollar history of ownership, participate in factory...
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