US kills Telegram cryptocurrency project to maintain dollar dominance as Durov concedes defeat in decisive ‘battle of generation’ ...United Arab Emirates

Telegram has been forced to abandon its cryptocurrency initiative, with its founder Pavel Durov blasting the US for seeking to crush any attempt at decentralization in order to maintain its global financial dominance. Telegram founder and St. Petersburg native Pavel Durov announced the move in a post to his own Telegram channel on Tuesday, stating the crypto project – the Telegram Open Network (TON) and its currency, known as “Grams” – would have to be shut down. “Unfortunately, a US court stopped TON from happening,” Durov said, adding that the court ruled “people should not be allowed to buy or sell Grams like they can buy or sell Bi

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