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Telegram now lets people send crypto
Telegram now lets users send cryptocurrency through its Open Network blockchain
Toncoin is the crypto built off of Telegram’s abandoned blockchain effort
Now users can send crypto directly from chats within the messaging app
The Open Network took to twitter to make the announcement that Telegram now supports Toncoin transactions with no fees attached.
Users will have to add Telegram’s Wallet bot to their attachment menu, which will allow crypto transactions.
In 2020, Telegram shut down its own cryptocurrency operation after facing pressure from the Securities and Exchange Commission.
Even after Telegram abandoned its initial project, a group of developers kept it afloat, renaming it The Open Network and rebranding Gram as Toncoin.