SafePal has launched a Mini Wallet App on Telegram, enabling 950 million users to create licensed, compliant crypto-friendly bank accounts and conduct transactions using a crypto Visa card. This initiative highlights the intersection of centralized-decentralized finance (CeDeFi) within Telegram's evolving crypto ecosystem and responds to the growing demand for accessible banking solutions in the crypto space. Additionally, users must complete Know Your Customer (KYC) checks as part of the onboarding process to access these features, enhancing security and regulatory compliance.