PANews, November 13 - According to Businesswire, Telcoin announced that it has obtained the final franchise license issued by the Nebraska Department of Banking and Finance, and will launch the first digital asset custody institution in the United States - Telcoin Digital Asset Bank. This franchise license allows Telcoin to directly connect U.S. bank accounts with the regulated “Digital Cash” stablecoin. Its flagship product eUSD will become the first bank-issued, on-chain dollar stablecoin. This is also the first bank license explicitly authorized to connect American consumers with Decentralized Finance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.