News
Significance:
6/10

Thiel-backed Erebor wins US approval as Silicon Valley Bank rival emerges

https://cointelegraph.com/news/peter-thiel-erebor-silicon-valley-bank-rival-approval

Sam Bourgi

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
Approval for a US bank charter positions Erebor to fill a gap in the market for crypto and tech startups.
🇺🇸
United States
Bullish
Regulatory momentum in the US, including new stablecoin legislation, is fostering growth in the crypto sector.
Bullish
Coinbase's application for a national trust company charter could expand its services into payments and custody.