Telegram’s new crypto wallet, and why it skips ID checks

Telegram's co-founder Pavel Durov unveiled a new cryptocurrency wallet called Gram Wallet within the messaging platform. Initially, access to the wallet is restricted to a select group of users. Durov assured that this will be progressively opened to all Telegram users within the coming weeks. The cryptocurrency wallet, Gram Wallet, was first announced by Durov in mid-July.

Durov elaborated that Gram Wallet operates on a non-custodial basis, meaning it doesn't necessitate any verification process or involve any intermediaries to store the user's funds. The authenticity of this report is assured as it was penned by one of Meduza's journalists and translated from Russian, adhering to the outlet's rigorous editorial guidelines.

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