Iran’s Government is Debating a Ban on Telegram Over Its ICO

Iran’s Government is Debating a Ban on Telegram Over Its ICO

C-Buzz
Apr 4, 2018 by Jenny Jones
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Senior figures in Iran’s government are reportedly debating a possible move to ban Telegram’s messaging app, in part over fears its new token could undermine the national currency. Telegram is widely used in Iran and is already frowned upon by some government members for its claimed role in the organization of protests in the country
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Senior figures in Iran’s government are reportedly debating a possible move to ban Telegram’s messaging app, in part over fears its new token could undermine the national currency.

Telegram is widely used in Iran and is already frowned upon by some government members for its claimed role in the organization of protests in the country in December 2017.

Following a recent record-breaking initial coin offering (ICO) in which Telegram has already raised$1.7 billion, the company has plans to use the funds to develop an ambitious blockchain platform aimed to decentralize aspects of digital communication and which will be powered by its own grama  token.

According to U.S.-based news site Al-Monitor,Hassan Firouzabadi, secretary of the country’s High Council for Cyberspace, yesterday pushed for Telegram to be blocked in Iran on state TV, saying the firms dominance in Iran was the enemy of the private sectorand adding:

Telegram has officially announced that it will be used as an economic platform, and Telegram will undermine the national currency of Iran.

On March 31, according to the news source, parliament member Alaeddin Boroujerdi said the move to block the messaging app was a decision made at the highest levels, and Telegram will be replaced by a domestic app.

In response, Iran moderate president, Hassan Rouhani, was quoted as saying at a meeting of government officials: The goal of creating and enhancing Iranian software and messaging apps should not be blocking access [to other apps], but [the goal] should be the elimination of monopolies.

Rouhani was also cited as saying by Jalal Mirzaei MP,Nobody is opposed to breaking Telegramas monopoly, but blocking Telegram is not the solution for creating [and enhancing] local messaging applications.

If you want to know what’s really going on in the Crypto-world, Jenny is your go-to person. Having been active in the Blockchain ecosystem for over 5 years, Jenny comes with an experience that just doesn’t fail. A sincere admirer of the blockchain technology, Jenny keeps a tab on even the most slightest of dips and raises in the graph. When she’s not caught up in with the latest buzz in the ecosystem, Jenny likes to watch movies and read Edgar Allan Poe.

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