Erebor Receives Regulatory Approval as New Crypto Bank in the U.S.

Erebor, a new crypto bank backed by tech billionaire Peter Thiel, has received regulatory approval to operate in the U.S. This approval is a significant milestone following the collapse of Silicon Valley Bank, positioning Erebor as a potential competitor in the digital asset banking sector. The development reflects a growing acceptance of crypto banking, promising new opportunities for consumers and businesses in the financial landscape.