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Block files for Builders Bank, an uninsured bitcoin trust bank

Block has applied to the OCC for Builders Bank, an uninsured trust bank for bitcoin custody. Its filing hides the capital; its 10-Q shows a 3.8% bitcoin margin.

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EUR/USD 1.16427 +0.12%
GBP/USD 1.33715 -0.08%
XAU/USD 4,581.885 +0.24%
BTC/USD 80,879 -0.32%
ETH/USD 2,268 +0.18%
S&P 500 5,306.04 +0.28%

Editorial Hub

EUR/NOK to 11.00 by November 5 as the krone’s rate premium thins

EUR/NOK to 11.00 by Norges Bank's November 5 decision: the ECB's September hike has thinned the krone's rate premium and Norges Bank's FX flows now sell krone.

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