Nebraska Grants First Digital Asset Bank Charter to Telcoin, Aiming for Fintech Leadership
Nebraska Grants First Digital Asset Bank Charter to Telcoin, Aiming for Fintech Leadership
Nebraska has officially granted the United States' first state charter for a digital asset bank to Telcoin Digital Asset Bank. This landmark approval enables Telcoin to operate within the state and issue stablecoins, positioning Nebraska as a key player in attracting fintech businesses, following similar initiatives by Wyoming.
On November 13, the state of Nebraska announced that it had officially granted the “first-in-nation” state charter for a digital asset bank in the U.S. Governor Jim Pillen signed the charter, enabling Telcoin Digital Asset Bank to operate out of Nebraska and issue stablecoins, to attract fintech businesses and put itself on the map as a leader in the digital asset space.