U.S. regulators have granted Erebor Financial institution, backed by billionaire Peter Thiel and entrepreneurs Palmer Luckey and Joe Lonsdale, conditional approval for a nationwide financial institution constitution. The choice makes Erebor one of many few digital-asset-focused establishments to obtain such authorization, signaling a coverage shift beneath President Donald Trump’s administration. OCC Constitution Places Erebor Forward in Race
The submit Peter Thiel-Backed Crypto Bank Erebor Gets OCC Greenlight as Ripple, Circle Await Charter Decisions appeared first on CoinGape.