Crypto
Crypto-focused Erebor wins first new bank approval of Trump\'s second term
A new U.S. bank has been approved for the first time in President Donald Trump\'s second term, with crypto-focused startup Erebor authorised to operate nationwide, Cointelegraph reported, citing the Wall Street Journal. Erebor has about $635 million in capital and plans to target startups, venture firms and wealthy clients. It plans specialised lending for advanced technology companies and a blockchain-based, 24-hour payments network.
