Libra proceeds with formalizing its governance structure amid major members dropping out, regulatory upheaval and fork attempts. Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the […]
Continue Reading
Cointelegraph has been blocked in Russia, and Telegram’s legal showdown with the SEC has been delayed until February. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on […]
Continue Reading
Telegram writes investors regarding delayed judgment, anticipating resolution that Grams are not securities February hearings. In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” Cause for optimism The letter, sent on Oct. 19, briefly reassures investors that […]
Continue Reading
New York District Court postpones the hearing regarding the Securities and Exchange Commission’s injunction filing against Telegram Open Network. The United States District Court for the Southern District of New York has postponed the hearing regarding the Securities and Exchange Commission’s (SEC) injunction filing against Telegram Open Network (TON) and its Gram token to Feb. […]
Continue Reading
TON investors could be left in the cold due to a reimbursement clause in the contract. Legal experts weigh in. Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and […]
Continue Reading
Following Telegram’s counterclaim, the SEC insisted that the firm has violated securities laws, asking the court to grant a preliminary injunction. The United States Securities and Exchange Commission (SEC) has responded to Telegram’s counterclaim, insisting that Grams are securities. Preventing Telegram from further violation Following Telegram’s counterclaim on Oct. 16, where the firm argued that […]
Continue Reading
Telegram responds to the SEC in a filing with the U.S. District Court for the Southern District of New York, calling the SEC’s injunction “an ‘emergency’ of its own making.” Telegram responded to the United States securities regulator, arguing that Gram, the native cryptocurrency for the Telegram Open Network (TON), is not a security. Telegram […]
Continue Reading
The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers. The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers. According to an Oct. 17 report from […]
Continue Reading
Telegram is asking investors whether they will agree to push out the TON launch deadline. Encrypted messaging service Telegram wants to postpone the launch date of its Telegram Open Network (TON) following issues with the United States Securities and Exchange Commission (SEC). According to an investor message seen by Cointelegraph on Oct. 16, Telegram told […]
Continue Reading
TON was hurtling toward public release until the SEC stopped it dead in its tracks. Here is everything known about the project so far. In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the […]
Continue Reading