Gram

Telegram, a giant IT giant service provider, has finally withdrawn its plea against the prohibition on the sale of its blockchain-based cryptocurrency project, Gram.

On Tuesday, Telegram, a cloud-based instant messaging and voice over IP service, formally asked the United States court to drop all existing accusations brought against the firm by the agency that is responsible for regulating the financial, cryptocurrency and securities sector, Securities and Exchange Commission (U.S. SEC) in October.

Germany's minister of finance has embraced the idea of developing the cryptocurrency and blockchain industry by creating a digital euro, however, this plan is against and a threat to private virtual currency initiatives such as the Telegram’s Gram, Facebook’s Libra Project and others.

Telegram, a cloud-based instant messaging and voice over IP service with more than 350 million active users worldwide, may delay the roll out of its virtual currency dubbed Gram following a restraining order from the United States Securities and Exchange Commission (U.S. SEC) to halt the sale of the coins in the country.

Blackmoon announced the features for a major upcoming release to improve the platform.  Moreover, the release forms the basis for further products and features planned to be rolled out this year. This includes the listing of GRAM token right after Telegram Open Network mainnet launch. Good news for Blackmoon token holders, as BMC utility will soon be significantly expanded.

Cloud-based instant messaging and voice over IP service Telegram considers whether to roll out a cryptocurrency dubbed Gram with high determinations and a snug limit of two months. However, for this project to thrive, the company must fulfil what regulators need before October ends, a thing that looks challenging, The New York Times reports.

Telegram, a cloud-based instant messaging service, may soon launch its own Blockchain-based cryptocurrency, called Gram. The founder of Telegram, Pavel Durov, plans to launch a new Blockchain platform of ‘third generation’  “Telegram Open Network” (TON) that will allow its users to make payments within Telegram using Gram and fiat currencies.