The U.S. has approved Erebor Bank — a $275 million digital-first venture backed by Palmer Luckey and Peter Thiel — in the first major Trump-era nod to crypto-friendly banking. U.S. regulators granted preliminary approval to Erebor Bank, a new institution founded by Anduril’s Palmer Luckey and venture capitalist Joe Lonsdale, with support from Peter Thiel’s […]
Source: https://news.bitcoin.com/erebor-bank-wins-us-green-light-for-crypto-and-ai-startups-report/