Telegram’s Cryptocurrency Kickoff Halted By SEC

An preliminary coin providing by encrypted messaging service Telegram has been halted by a restraining order filed by the US Securities and Exchange Fee. In line with the SEC on Friday, the emergency action will temporarily stop what it alleges is an unregistered ICO that is already raised $1.7 billion. Around 2.9 billion digital tokens called grams have been offered to 171 purchasers, the SEC alleges.

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All vital and formal processes, for instance, KYC might be carried out easily and straightforwardly inside and utilizing the Telegram app by integrating @wallet and Sum&Substance’s system. What’s extra, users need not bear the problem of downloading and registering for new apps – the latest model of Toncoin is all-inclusive and facilitates Peer-to-Peer transactions. Meanwhile, customers need not pay any charges whereas making Toncoin transactions. Suffice to say, the @wallet bot is now a handy and all-inclusive crypto forex that users can access inside and utilizing the Telegram app.