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BigWhiskey Profile picture
BigWhiskey
@BigWhiskey_10
Not financial advice.
Mar 7, 2023 • 13 tweets • 7 min read
Within that context, he alluded to differences in their approach compared to other banks (without mentioning names) so I think it’s safe to assume that the other banks applied to the Fed as “de novo’ banks.

$TEL #telcoin SECOND - he alluded to important differences (aka improvements) that they made with the Financial Innovation Act in Nebraska compared to the first charter that was written in Wyoming.

$TEL #telcoin
Mar 3, 2023 • 22 tweets • 11 min read
#Telfam
The #MWC23 page on the @telcoin website included an interesting bread crumb that may clarify the path the company is taking with the Federal Reserve.
Read on..

$TEL #Telcoin Image 2) As far as I can tell, this is the first time they have used the language ‘Fed-Chartered’, which is different from being approved for a Master Account with the Fed, or approved for ‘Federal rails’ as Rajesh had stated previously.

$TEL #Telcoin
Nov 15, 2022 • 19 tweets • 8 min read
#telfam The more I read up on it, the more it seems that the timing of @telcoin's Federal approval hinges on the outcome of the Custodia case against the Fed.
So let's get into the weeds on that. Read on:

#Telcoin $TEL 2) The latest news is U.S. District Court of Wyoming Judge Scott Skavdahl ruled this past Friday (11-Nov) that Custodia’s case warrants a trial.
bankingdive.com/news/custodia-…

#Telcoin $TEL
Nov 14, 2022 • 26 tweets • 12 min read
#telfam Continuing this thread for anyone keeping score. Read on:

#Telcoin $TEL 2) Firstly, a point of clarification: Regarding who would ultimately stamp the approval of @telcoin's master account with the Fed - The Federal Reserve Bank of Kansas City overseas that part of the country. federalreserve.gov/aboutthefed/fe…

#Telcoin $TEL
Nov 6, 2022 • 22 tweets • 11 min read
#telfam After further research, I can clarify & expound upon a few things. Read on:

$TEL #telcoin 2) It seems the Federal approval that @telcoin is seeking is not from the FDIC. In fact, they might not have any interest in that at all (yet), as I had thought.

$TEL #telcoin
Nov 4, 2022 • 42 tweets • 20 min read
#telfam I don't usually do this but what we heard this week confirms for me what I had hoped was happening behind the scenes at @telcoin. This is by no means financial advice. I’m just tired of the BS out there - good and bad. Read on:

#telcoin $TEL 2) Here's what I've gathered (and some speculation to consider):
Telcoin LLC (@telcoin) is a blockchain tech start-up founded in 2017. It’s a real company run by real people, with actual licenses all over the world.

#telcoin $TEL