Exchanges· ★★· neutral·

Telcoin: first regulated US crypto bank with token 97% below peak

  • Telcoin obtained a digital asset banking license in the US
  • The bank issued a regulated stablecoin and opened accounts for it
  • TEL trades near $0.00177 — 97% below its record high
  • The project will present at Mobile World Congress in Doha in November
Why it matters: The case shows the gap between regulatory progress and the token's market valuation: the banking license did not support the TEL price.
Source: Cointribune EN