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-focu...
The bank, backed by some of Silicon Valley’s most prominent White House allies, now boasts a key advantage in the race to dominate the emerging U.S. stablecoin market. In brief Erebor became the first...
The bank’s founders are well-connected in the tech world and will target businesses in the “innovation economy,” such as crypto. Palmer Luckey, the founder of Oculus VR and defense technology company ...
Peter Thiel-backed Erebor secures US bank charter, aiming to fill the gap left by Silicon Valley Bank in serving crypto and tech startups. Erebor, a financial services company backed by billionaire Pe...
Sony Bank has filed for a crypto banking charter to issue stablecoins and custody services through its Connectia Trust subsidiary. Sony’s banking division has filed to acquire a national banking...
Ripple, the company behind the XRP (XRP-USD) and RLUSD (RLUSD-USD) crypto tokens, announced a strategic partnership with Absa Bank to provide digital asset custody to the bank’s customers in South Afr...
A new US bank that aims to serve emerging tech firms in sectors such as crypto and artificial intelligence has received conditional approval to operate from the Office of the Comptroller of the Curren...
CEO Brad Garlinghouse, whose company is seeking a federal bank license and Federal Reserve “master account,” called banker pushback “hypocritical.” Brad Garlinghouse, the CEO o...
Erebor can operate as a national bank in the U.S., according to a charter approval from the Office of the Comptroller of the Currency. Erebor can operate as a national bank in the U.S., according to a...
Ripple announced a partnership with South Africa’s Absa Bank to offer digital asset custody, marking a further expansion of its institutional custody network across Africa, Europe and the Middle East....
