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Telcoin, Inc.’s Digital Asset Depository Charter hearing set for Dec 5th, 2024

Telcoin, Inc. is set to hold a hearing on December 5, 2024, for its application to become the first regulated digital asset bank in the United States. The hearing is a critical step in securing a Digital Asset Depository Charter under the Nebraska Financial Innovation Act. Telcoin has already made progress, with its application being deemed complete in September 2024. If approved, Telcoin Bank will be the first US-based digital asset bank and a pioneer in issuing stablecoins. Telcoin aims to disrupt the stablecoin market and enable mainstream global payments and decentralized finance connections. The CEO expects charter approval in early 2025, and Telcoin has attracted attention from mobile network operators and global fintech communities.

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