TON Price Jumps 6% Despite Telegram Bowing To Regulatory Pressure

Quick Summary:

The price action of Toncoin (TON) is not commensurate with the current state of the Telegram ecosystem.

As it stands, regulators have requested that the social media platform release its users’ IP addresses and the platform might soon comply.

The coin recently surged while the TON ecosystem was caught bowing to regulatory pressures.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaBrazil

Topics: 24/7 Cryptocurrency News TON Price Telegram

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 17:55:54 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22663331

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publisher ID: #59

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