Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight

Erebor, Palmer Luckey’s crypto-friendly banking venture, wins conditional regulatory approval in U.S.

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26 days ago

Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight

Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight
Palmer Luckey’s new banking startup, **Erebor**, has obtained conditional approval from the U.S. Office of the Comptroller of the Currency to operate. The bank is designed to support both fiat and crypto flows, targeting tech founders and blockchain firms. While full clearance is pending further regulatory review, the move signals Washington’s gradual openness to crypto-friendly financial models. Erebor aims to bridge traditional banking and digital asset ecosystems, offering services like stablecoin deposits and crypto custody under bank supervision.
Nypost• By Sneha Pathak
Explore:High Return Equity Mutual Fund
positive
26 days ago

Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight

Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight
Palmer Luckey’s new banking startup, **Erebor**, has obtained conditional approval from the U.S. Office of the Comptroller of the Currency to operate. The bank is designed to support both fiat and crypto flows, targeting tech founders and blockchain firms. While full clearance is pending further regulatory review, the move signals Washington’s gradual openness to crypto-friendly financial models. Erebor aims to bridge traditional banking and digital asset ecosystems, offering services like stablecoin deposits and crypto custody under bank supervision.
Nypost• By Sneha Pathak
Explore:High Return Equity Mutual Fund
positive

Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight

26 days ago
1 min read
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Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight

Erebor, Palmer Luckey’s crypto-friendly banking venture, wins conditional regulatory approval in U.S.

Palmer Luckey’s new banking startup, **Erebor**, has obtained conditional approval from the U.S. Office of the Comptroller of the Currency to operate. The bank is designed to support both fiat and crypto flows, targeting tech founders and blockchain firms. While full clearance is pending further regulatory review, the move signals Washington’s gradual openness to crypto-friendly financial models. Erebor aims to bridge traditional banking and digital asset ecosystems, offering services like stablecoin deposits and crypto custody under bank supervision.
Luckey’s crypto-friendly banking startup Erebor secures conditional greenlight
Palmer Luckey’s new banking startup, **Erebor**, has obtained conditional approval from the U.S. Office of the Comptroller of the Currency to operate. The bank is designed to support both fiat and crypto flows, targeting tech founders and blockchain firms. While full clearance is pending further regulatory review, the move signals Washington’s gradual openness to crypto-friendly financial models. Erebor aims to bridge traditional banking and digital asset ecosystems, offering services like stablecoin deposits and crypto custody under bank supervision.
Companies:
Erebor
Tags:
crypto
startups
crypto
startups
regulation
finance
banking
Source: Nypost
By Sneha PathakExplore:High Return Equity Mutual Fund
Oct 16, 2025 • 04:24 IST

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