Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.
Telegram, the messaging app company turned blockchain startup, has released an early desktop wallet for its crypto token.
Investors who bought the firm's gram token have agreed to accept an extended issuance date in the hope they'll still turn a profit.
A backer of Telegram's blockchain project asked Circle's Poloniex exchange to list the gram token before the SEC halted issuance, court papers show.
The messaging app company and the SEC will now meet next February to debate the regulator's claim the gram token is a security.
Telegram is pushing back against the U.S. Securities and Exchange Commission (SEC).
To justify halting the launch of Telegram's blockchain project, the SEC relied heavily on communications obtained from investors.
Telegram could delay the late October launch of its own crypto after the SEC ordered it to halt the allegedly "unlawful" token sale in the U.S.
Telegram publicly acknowledged its link to the Telegram Open Network for the first time Tuesday – in a terms of service on it website.
TON investors received emails from the Telegram core team Wednesday seemingly confirming the $1.7 billion blockchain's Oct. 31 launch date.
Blackmoon, a little-known crypto exchange, is angling to be the go-to marketplace for Telegram's soon-to-be-issued gram tokens.
Telegram’s blockchain project, TON, has entered the last preparation stage before going live.
Crypto exchange Liquid has disclosed a wallet address where the proceeds from its July sale of Telegram's GRAM tokens are being held in escrow.
Telegram's new blockchain project will be able to support dapps built for ethereum, says TON Labs CEO Alexander Filatov.
Telegram is expected to release the code needed to run nodes on its TON blockchain on Sunday, two sources tell CoinDesk. The release will allow developers to test TON nodes in advance of a mainnet launch at the end of October.