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Telcoin-drafted crypto banking legislation signed into law in Nebraska


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LINCOLN, Neb., May 26, 2021 /PRNewswire/ In an effort to bring the state of Nebraska to the forefront of national financial regulatory innovation, Governor Pete Ricketts signed into law today Legislative Bill 649, also known as the Nebraska Financial Innovation Act. Telcoin, a blockchain-based fintech aligned with the telecom and mobile money industries globally, drafted the legislation as it seeks to bring its own digital asset-backed financial services to US consumers in a compliance-first fashion.
Members of the Telcoin team are joined by Senator Mike Flood (center left) and CEO Paul Neuner (center right) at the Nebraska State Capitol in February 2021. ....

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Gov. Ricketts Signs Bills to Support Military Families, Protect Seniors from Financial Fraud


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Justin Pinkerman |
April 1, 2021
LINCOLN – This morning, Governor Pete Ricketts signed two bills into law during a press conference at the State Capitol.  Legislative bill (LB) 389 was introduced by Senator Rita Sanders of Bellevue at the Governor’s request.  The bill makes it quicker and easier for military spouses licensed in another state to obtain a teaching permit after moving to Nebraska.
LB 297, an initiative of the Nebraska Department of Banking and Finance, was introduced by Senator Brett Lindstrom of Omaha.  The bill protects older Nebraskans and vulnerable adults from financial fraud by authorizing broker-dealers or investment advisors to place a hold on a transaction for up to 30 days in cases of suspected financial exploitation.  The Legislature passed both bills with unanimous votes. ....

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