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Telegram adds a self-custodial crypto wallet worldwide, excluding the US
Sep 14, 2023
Telegram introduces self-custodial crypto wallet worldwide, excluding the US. Evolution of Telegram into a super app with a decentralized crypto wallet. Exploring potential of digital assets for unbanked populations.
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Quick takeaways
- Telegram has launched a self-custodial crypto wallet to empower users with control over their digital assets.
- The introduction of the self-custodial wallet in Telegram opens up possibilities for managing digital assets within third-party mini apps, potentially bringing digital assets to a wider audience.
Deep dives
Telegram launches self-custodial crypto wallet to solidify presence in the crypto community
Telegram has announced the launch of a self-custodial crypto wallet called Tun Space. This move aims to strengthen its position in the crypto community and drive more users towards digital assets. The wallet, developed by the Open Platform Top, is a result of a joint announcement by Telegram and Tun Foundation at the token 2049 crypto conference. Unlike centralized wallets, the self-custodial wallet provides users with control over their digital assets. While the wallet is not available in certain jurisdictions like the US, it will be accessible to Telegram's global users without the need for wallet registration.
