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Financial Times: Silicon Valley Billionaires to Establish Bank to Support Cryptocurrency Enterprises
Summary: According to reports, a group of American billionaires from Silicon Valley have applied for a banking license in the United States to establish a national bank that will focus on supporting startups operating in the cryptocurrency industry. Sources indicate that the new bank, named after the treasure trove 'Lonely Mountain' from 'The Lord of the ...
According to reports, a group of American billionaires from Silicon Valley have applied for a banking license in the United States to establish a national bank that will focus on supporting startups operating in the cryptocurrency industry. Sources indicate that the new bank, named after the treasure trove 'Lonely Mountain' from 'The Lord of the Rings', will have key investors from prominent Silicon Valley figures who are major donors to the current Republican administration, such as Peter Thiel.
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Link: Financial Times: Silicon Valley Billionaires to Establish Bank to Support Cryptocurrency Enterprises [Copy]
