The famous messaging company declared Monday on its official website that Telegram will not integrate a crypto currency wallet into its messaging app, at least not until it gets the green light from U.S. regulators.
FinanceFeeds reports that The New York Southern District Court on Monday, January 6th, denied the Security of Exchange (SEC) request.
Last week, the US stock market police officer asked for an order to force Telegram to provide documents related to the sale of its cryptocurrency, called GRAM.
The SEC wants to know how the company is using investor’s funds.
“The Court held a conference call with the parties to resolve the dispute over the SEC letter,”.
Written by: Laetitia Project Manager