🏦 Something significant just happened in crypto banking — and most people missed it. 💥
Paul Neuner (@TelcoinPaul), Founder and CEO at @telcoin, joined CCN to break down the launch of the first-ever regulated onchain bank account in the US — and what it means for the future of digital banking.
Full bank charter. Fed access. Real deposits. telcoin:native
Telcoin Makes History With First Regulated On-Chain US Bank Accounts
Telcoin (@telcoin) telcoin:native Digital Asset Bank says US users can now open a bank account directly tied to its eUSD stablecoin.
According to Telcoin, it is the first company to connect US bank accounts to on-chain dollars.
The account allows users to hold dollars, make payments and access DeFi under one regulated framework.
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Our CTO @seangeng on where Caddie goes from here:
As of today, Japan's FSA recognizes foreign stablecoins as electronic payment instruments.
We're excited to see how we can bring eJPY to market under this framework.
https://t.co/DAnELfUYhF
With the CLARITY Act advancing to the Senate floor this month, compliant yield for bank-issued stablecoins is one step closer to law.
Telcoin Digital Asset Bank already operates within this framework with eUSD.
https://t.co/UUokVK0PF7
We were pleased to sponsor @KBCC_01 in Nairobi for the second consecutive year.
Two decades after putting mobile money on the map, Kenya is primed for the next evolution in mobile financial services, with local stablecoins powering remittances and direct merchant payments.
3/ $TEL +63.07%
Telcoin listed on Kraken on January 22, opening access to the exchange's 13M+ registered users across 190+ countries. $TEL caught a bid this week alongside a broader altcoin rotation.
📡 Telcoin Wants To Break The Radar
A new forecast puts telcoin:native under the spotlight, and the scenario it lays out could surprise more than a few holders.
📰 Full Article:
https://t.co/l3KGL7gnIX
3/ $TEL +63.07%
Telcoin listed on Kraken on January 22, opening access to the exchange's 13M+ registered users across 190+ countries. $TEL caught a bid this week alongside a broader altcoin rotation.