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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.

Chime to buy partner Stride Bank for $590m in cash

Chime's $590m Stride Bank acquisition prices a bank earning 28% on equity at 1.5x book, and pays Stride in contract renewals, not cash, if regulators block it.

FINRA’s 145-day Rule 2165 hold leans on 2020 data from 31 firms

FINRA's SR-FINRA-2026-018 would stretch Rule 2165 holds to 145 business days and add a 10-day Rule 2166 fraud delay. SEC comments close September 30, 2026.

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