Messenger Telegram: sound Wallet is not in the App

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At least for now, the TONE Wallet from the Messenger App Telegram should remain separate. A change of thinking depends on the law.

Community and analysts show little enthusiasm for the

Continue the own SOUND is to be on-Blockchain for the company Telegram to a large litter. In particular, many industry were connoisseurs of the announcements in the globally successful Instant Messenger service, as a clear reaction to the WhatsApp owners Facebook, who wants to get with a Libra is a their own digital currency at the Start. And also against the political resistance that stimulates not only in the Facebook-home USA is becoming stronger. Prohibitions in addition to the plans of the U.S. Congress and regulations around stable coins such as Libra, in Europe there are demands for a type of Digital Euro. The G7 hold Stablecoin, in turn, is a risk. In the case of Telegram, the situation was somewhat different, authorities criticized but the service quite well. Potential users, however, expects the Blockchain-Start often vorfreudig. Now there is a new Telegram-Statements that will be interpreted, some potential negative.

New wallet service alone should “work”

Many commentators were surprised by the news, expressing disappointment about the new news from the house of Telegram. The company announced that the Wallet to the Blockchain and the currency is not designed to be incorporated into the actual messenger service. This had, however, expected many interested parties specifically to be able to flexibly to the new service access. At least for the time being, Telegram makes it so the Wishes of many crypto fans on the streets, which promised the introduction of a more exciting Alternative to Bitcoin, and Libra. Also from the point of view of the SOUND investors, the message is not necessarily gratifying, and probably even earlier, relevant information is received. Nevertheless, the announcement that the Wallet to the TONE of the Blockchain are, so to speak, on my own two feet, and, regardless of the Messenger of the service provider to success is to be mean.

SEC investigations remain a Problem for Telegrams Plan

Telegram is seeking to expand its Wallet offering to a competitive Format to other Wallets on the market. Hope in this respect for the User, since the group does not mean a Change in this direction. If an Integration with (inter) layers of national regulations and Legislation can stand, is a recording of the Wallet in the communications App possible. These regulatory concerns seem to be the reason for the initial plans of the company. Because the U.S. regulator, the SEC, wants to pull on the loved one the Mainnet to the SOUND of the Blockchain, as well as the System-Token Gram at an early stage of the transport. Finally, the authority demanded again of the previous conduct of important documents, where it went here weitgehendn to the billions in revenue due to the “controversial” ICO of the company.

Featured Image: Luke | Pexels

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See also:

  1. Facebook changes the name of the Libra-Wallet from the Calibra to Novi
  2. The U.S. regulatory ranks Telegram‘s SOUND Token as a violation of the securities laws of any
  3. Telegram SOUND offer is existentially threatened because the SEC requires the submission of documents to the ICO from the year 2018
  4. What Telegram is expected next, should SOUND investors complaining?
  5. Telegram makes its appeal in terms of a US court ruling against his project SOUND fall.
  6. Litecoin can now be sent via Facebook Messenger
  7. Telegram Token GRAM of SEC-criticism overshadowed
  8. The SEC unveiled new evidence in the Telegram-litigation
  9. Telegram: higher reimbursement for patient investors
  10. CLAY asks Telegram, not to interfere | Coin Hero