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Palmer Luckey Crypto Bank Erebor Gets Preliminary Regulatory Approval

The Office of the Comptroller of the Currency has granted Erebor preliminary approval, it said Wednesday.

Federal regulators have granted preliminary approval to Erebor Bank, the crypto- and tech-focused financial outfit cofounded by Palmer Luckey and backed by Peter Thiel and Joe Lonsdale.
“I am committed to a dynamic and diverse federal banking system,… [3037 chars]

Source: Business Insider | Published: 2025-10-15T21:00:32Z

Credit: Business Insider

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