83791
No Telegram  Crypto for Iranians
No Telegram  Crypto for Iranians
Sunday, March 18, 2018

No Telegram Crypto for Iranians

Sunday, March 18, 2018

No Telegram Crypto for Iranians

Telegram has announced that Iranian citizens will not be allowed to take part in Telegram Open Network initial coin offerings and will be prohibited from buying Gram cryptocurrency by the official Telegram group investor, Russian news agency RBC reported.  As per the ban, people on the sanctions list of the US, the UK, European Union or United Nations are also barred from participating in the program. In fact, the ban applies to all people living in sanctioned territories. The document points out that such territories are now the following: the Crimean Peninsula, Cuba, Iran, the Democratic People’s’ Republic of Korea and Syria. In early January, TechCrunch reported Telegram’s plans to launch its own blockchain: the Telegram Open Network platform and Gram, its homegrown cryptocurrency. Telegram has some 40 million Iranians among its subscribers. Iran is also planning to launch its own national virtual currency.   

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/kfvj5o
03/18/2018
  1. https://goo.gl/FqNdqQ
  • https://goo.gl/1FFGMT
  • https://goo.gl/Rr5JiZ
  • https://goo.gl/6vasuZ
  • https://goo.gl/p68KpV

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Deputy Economy Minister Defends Gov’t Forex Policy
The government’s policy to allocate dollars and euros to...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Interbank Rate Tweak to Impact Interest Rates
Officials at the Central Bank of Iran have announced the...

Add new comment

Trending

Googleplus