This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Federal Deposit Insurance Corp. on Tuesday gave conditional approval for Erebor Bank, backed by billionaire investor Peter Thiel, to receive deposit insurance coverage. The green light marks another hurdle crossed on the crypto-focused lender’s journey to opening. The Office of the Comptroller of the Currency conditionally approved the Columbus, Ohio-based compa ...