OCC Approves Erebor Bank, Opening Door for Crypto-Friendly U.S. Banks
The Office of the Comptroller of the Currency (OCC) has issued a conditional approval for the charter application of Erebor Bank, a new federally chartered institution designed to serve technology companies and ultra-high-net-worth individuals engaged in digital assets. The decision, announced Wednesday (Oct. 15), positions Erebor as one of the few U.S. national banks explicitly … Read more