Telegram announced that it will integrate a cryptocurrency wallet built on the TON blockchain into the application. The cryptocurrency wallet, which will reach all users around the world in November, will not be available in some countries such as the USA.
It is one of the most popular instant messaging applications in the world with more than 700 million monthly users. Telegramofficially entered the cryptocurrency community. Making a statement at the event called “Token2049” held in Singapore, Telegram stated that it reached an agreement with the Tone Foundation and that as a result of a joint study cryptocurrency wallet announced its development. Cryptocurrency wallet on Telegram will launch in a few months globally will be made available.
Crypto wallet built on the TON blockchain, considering that cryptocurrency investors actively use this platform, a logical move appeared as. In fact, Telegram had announced such a project years ago, but disagreements with the US Securities and Exchange Commission (SEC) disrupted Telegram’s plans. to postpone It had led. Now all this seems to be behind us.
Crypto wallet on Telegram will not be available in some countries such as the USA
One of the striking points about Telegram’s cryptocurrency wallet feature is that this wallet is available in some countries such as the USA. will not be available to be. The reason for this is that the USA has been “obsessed” with the cryptocurrency markets lately. Considering the lawsuits filed even against giant exchanges such as Binance and Coinbase, Telegram not to put yourself at risk It seems like he made such a decision.
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What will it do?
You may have questioned why an instant messaging app has crypto wallet support. So Telegram, world’s largest It hosts some of the cryptocurrency communities. Here is the integration that allows users to transfer crypto money very quickly. will provide. Additionally, purchased crypto assets can be stored in this wallet. With such a move, Telegram will strengthen its presence in the industry.
Telegram integration had a positive impact on Toncoin (TON) prices
Telegram integration benefited Toncoin (TON), the native currency of the TON blockchain. Before the news is served $1.78 TON, which was traded at levels, appreciated by around 11 percent upon hearing the news, reaching the level of 1.95 dollars. Such a rise in these days when Bitcoin is playing dead, TON investor it made you smile.
This content cannot be considered as investment advice.
Source :
https://cointelegraph.com/news/ton-telegram-integrates-ton-crypto-wallet-ton-price-jumps-7