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Crypto startup inspired by ‘Lord of the Rings’ becomes first bank approved in Trump’s 2nd term

Crypto
New York Post Fews App News Provider
Fews App Post Time Hace 23h

Crypto-focused Erebor Bank became the first bank to receive a national bank charter during the second term of the Trump administration, the Wall Street Journal reported Friday. The approval allows the Palmer Luckey-backed entity to operate as a bank nationwide, and occurred less than eight months after it applied for a charter with the Office of the Comptroller of the Currency. The OCC did not immediately respond to a Reuters request for comment.

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