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 Andurils Palmer Luckey and venture capitalist Joe Lonsdale, with support from Peter Thiels []
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 Andurils Palmer Luckey and venture capitalist Joe Lonsdale, with support from Peter Thiels []
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