Some people in the crypto-community expect mass adoption to come with big players from traditional markets. Some see it coming along the growing set of real use cases for crypto, certain regulatory initiatives, or particularly ambitious projects.
Telegram has been litigating with the SEC for a while now. The main question of the case is whether the sale of Gram tokens by Telegram’s TON platform is a transaction of securities. Whatever the court ruling will be, it is likely to create a significant precedent for the entire crypto-industry to deal with.
Telegram founder and CEO, Pavel Durov, has announced that he recently started issuing bitcoin grants to individuals and companies that ran socks5 proxies and VPNs, and that he plans to donate millions of dollars this year alone in order to fund such technologies which circumvent government bans on his Telegram messaging service.
Moscow court ordered Telegram messenger app to be blocked in Russia after failing to give the country’s Secret Service (FSB) decryption keys to access users’ messages. Telegram argues this would violate users’ privacy and that the codes constantly change.