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Telcoin, a decentralized financial technology platform bringing low-cost remittances and crypto transactions to people around the world, announced today its entry into the European market.
Telcoin Europe UAB is registered in Lithuania and provides digital asset services, enabling the company to offer its self-custody digital asset wallet and cryptocurrency exchange services to Europeans. With just a few taps, the Telcoin app available for iOS and Android allows users to securely store, transfer and trade more and more popular cryptocurrencies.
Like customers in the US, EU citizens will soon be able to withdraw stablecoins directly from a linked bank account or debit card, giving them access to mobile-based transactions for 24 tokens such as WBTC, ETH, MATIC, TEL and more.
Telcoin welcomes regulation and welcomes customers to use their regulated banking alternatives. The company’s focus is on creating digital currency regulation globally. They drafted the second US banking law regarding crypto in Nebraska last year. As a result, Telcoin are excited to expand their participation in global digital asset regulation.
Paul Neuner, Telcoin CEO, commented:
“Despite the rocky market conditions, we still see a great future for DeFi and regulated self-custodial crypto exchange services. I think European users have a particular interest in decentralization and secure self-custody, so we anticipate high demand in the EU for our mobile-first alternative to centralized exchanges.”