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ChainCatcher News, according to Businesswire, blockchain-based financial services company Telcoin announced the completion of a $25 million Pre-A round of financing, which will be used to inject capital into the Telcoin digital asset bank scheduled to open later this year. This funding enables Telcoin to meet the capital requirements for its conditionally approved digital asset custody institution license in Nebraska, USA, helping the company bridge the blockchain economy with traditional banking services. The financing will also support Telcoin in creating the first bank-issued stablecoin, eUSD. According to the introduction, Telcoin is a multinational fintech company serving 171 countries, integrating blockchain technology, telecommunications, and banking services. Telcoin provides secure, self-custodial blockchain payment and banking services globally, supported by its own decentralized financial infrastructure.

ChainCatcher news, according to Cryptopolitan, the National Bank of the Republic of Belarus (NBRB) has announced the formation of a special task force to combat illegal cryptocurrency transactions. This decision was made following a meeting between representatives of Belarusian banks and representatives of government-approved cryptocurrency companies. The meeting mainly discussed how to prevent unauthorized payment transactions and illegal cross-border fund transfers through licensed cryptocurrency platforms within Belarus. The participants reached a consensus that comprehensive measures are needed to effectively combat existing illegal transaction models in the shadow economy. At the meeting held on Monday, Belarusian bankers and fintech experts identified methods to address illegal cryptocurrency circulation. The monetary authorities stated in a declaration that the establishment of a dedicated task force is one of the measures agreed upon at the meeting.