Telegram lawyers say a review of its bank records’ data-privacy compliance could take months to prepare due to its multi-jurisdictional nature. Lawyers representing the messenger giant Telegram have stated that a review of financial records requested by the United States Securities and Exchange Commission (SEC) will take five to seven weeks to prepare. In a…
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Telegram will still have to prove that its bank records comply with foreign data privacy laws despite a U.S. court denying a Jan. 2 application by the SEC. The District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records.…
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Crypto community wonders why Nakamoto Telegram channel enters read-only mode – could this be due to spam and trolls or something else. On Jan. 3 a “pro-Bitcoin” news outlet called “Nakamoto” launched with the stated intention of letting industry thought leaders share positive content about cryptocurrencies. According to the about section of the Nakamoto website, the…
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In a new public notice, Telegram stresses that Gram tokens are not investment products, which would mean that they are not under the SEC’s sway. Telegram’s Gram, the native cryptocurrency for the Telegram Open Network (TON), is not an investment product, the firm stressed in a fresh public statement. In a Jan. 6 blog post,…
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Telegram says the SEC is on an “unfounded fishing expedition,” and Google Play lifts MetaMask ban. 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 Cointelegraph in…
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The latest spat in a long-running dispute with the regulator sees a judge demand Telegram respond to its request for bank account figures within hours. Lawyers representing encrypted messaging app Telegram have requested a United States court throw out regulator demands for its bank accounts. In a letter to Judge P. Kevin Castel at the…
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Telegram is refusing to give the SEC details on how the $1.7 billion raised in its ICO has been spent. The United States Securities and Exchange Commission (SEC) has filed a court order on Jan. 2 to compel the messaging platform Telegram into releasing details of how the funds raised in its initial coin offering,…
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U.S. SEC Commissioner and ‘Cryptomom’ Hester Peirce talks crypto, securities exemptions and ICOs with Cointelegraph. As one of five commissioners of the United States Securities Exchange Commission, Hester Peirce is at the forefront of securities regulation in the country today. Of interest to Cointelegraph’s readers, her positivity toward the future of cryptocurrencies has earned her…
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The U.S. SEC on proposed expansion of qualifications for “accredited investors,” with major implications for crypto ICOs. The United States Securities Exchange Commission (SEC) has announced that it is looking for ways to expand the classification of “accredited investor,” with potentially major implications for capital formation of firms hesitant to meet full public reporting requirements.…
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ISIS experiments with blockchain-based messaging app BCM to share videos and propaganda after being banned from Telegram. Terrorist organization ISIS has turned to blockchain technology to anonymously spread videos and propaganda to thousands of people worldwide. A Vice report on Dec. 13th noted that experts who track ISIS’s activities online have found that supporters of…
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