Amalgamated Bank, the union-owned New York lender, applied for the code’s creation earlier this year, was rejected, then tried again. In the wake of the May school shooting in Uvalde, Texas, the second application succeeded. On the eve of the code’s creation, Sorkin declared that it would “test the resolve of business leaders and their commitment to American lives.”
Bitcoiners Owe Andrew Ross Sorkin a Big Thank You
