The post Telegram and TON Foundation Join Forces for Self-Custodial Crypto Wallet Launch appeared first on Coinpedia Fintech News
Telegram, is back with a bang and launched TON Space, its self-custodial crypto wallet, marking a return to its ambitious crypto project following a three-year hiatus caused by regulatory challenges. The release comes amid the relaxation of regulatory pressures in the United States, where the SEC has struggled to suppress the growing popularity of cryptocurrencies despite ongoing legal disputes such as Ripple vs. SEC.
Telegram’s plan to launch it this year is a bold step as SEC is proactive and any loophole may damage the messaging platform’s year-long user base. However, the news immediately surged TON’s price by 13%.
Major news from #TOKEN2049 – #TON-based @wallet_tg goes live for @telegram’s 800 million users, in new integration.
Let’s celebrate the largest #Web3 onboarding event ever, together! Comment #TONxTelegram, retweet, and scan to
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