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TechFlow reports that on February 7, according to The Wall Street Journal, Erebor Bank—a crypto-friendly bank—became the first newly established bank to receive a national bank charter during Trump’s second term. A spokesperson for the Office of the Comptroller of the Currency (OCC), the U.S. agency responsible for regulating national bank charters, has confirmed approval of Erebor Bank’s charter application.
According to The Wall Street Journal, Erebor Bank—a crypto-friendly bank—has become the first newly established bank to receive a national bank charter during Donald Trump’s second term. A spokesperson for the Office of the Comptroller of the Currency (OCC), the U.S. agency responsible for regulating national bank charters, has confirmed approval of Erebor Bank’s charter application.
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