Nebraska Issues First-in-the-Nation Digital Asset Bank Charter to Telcoin
Nebraska Governor Jim Pillen and Kelly Lammers, director of the Nebraska Department of Banking and Finance, announced on November 13, 2026, in Lincoln that the state has issued a digital asset depository institution charter to Telcoin Digital Asset Bank, the first state-level digital asset bank charter in the nation, authorizing the company to mint stablecoins.
Under the charter, stablecoins issued by Telcoin must be backed by reserves held mainly in U.S. Treasury securities or deposits at FDIC-insured Nebraska banks. The Governor's Office said the framework brings digital asset activity inside the state's banking regulatory system, subject to the same examination and supervision as traditional charters.
Telcoin Chief Executive Paul Neuner said that with the charter in place, Norfolk, where the company is based, can become a center for internet money. Former U.S. Representative Mike Flood, who championed the Nebraska Financial Innovation Act of 2021, which took effect October 1, 2021 and created the legal framework for the charter, also attended the signing.
Governor Pillen said Nebraska's first-in-the-nation charter gives financial innovators clear rules while protecting consumers through reserve requirements. The Department of Banking and Finance will supervise the institution on an ongoing basis.
State charters for digital asset banks remain new in the United States, and states have taken different approaches. With Nebraska's charter now issued, Telcoin may conduct stablecoin issuance and digital asset custody under state supervision, with the banking department to report on its operations and reserve audits.
Source: Office of the Governor of Nebraska
Published by GSM · USA (original Chinese edition)
Photo: 图片来源：内布拉斯加州州长办公室官方照片，图中为州长 Pillen 等人在州议会大厦展示签署的牌照文件 Image: official photo, Office of the Governor of Nebraska; showing Governor Pillen and officials holding the signed charter at the Nebraska State Capitol
