A new crypto-focused bank backed by some of Silicon Valley’s most influential figures has received preliminary conditional approval for a national charter from a top US regulator, a move to reshape the banking landscape for technology startups. The Office of the Comptroller of the Currency (OCC) announced the approval for Erebor Bank on Oct. 15, signaling a new chapter for crypto-focused finance at the federal level. The approval positions Erebor to address a significant void in the market created by the ...