Telegram to build non-custodial wallets and decentralized exchanges, says CEO Pavel Durov


Pavel Durov, the founder of Telegram, announced that the company would launch a range of decentralized cryptocurrency products, including a decentralized exchange (DEX) and a non-custodial wallet. 

The CEO  made the announcement on Wednesday via his Telegram channel amid the ongoing crisis following the collapse of the crypto exchange FTX. 

“The blockchain industry was built on the promise of decentralization, but ended up being concentrated in the hands of a few who began to abuse their power, ” Pavel said.

More details to follow.

Related:  FTX Users' Debt (FUD) Token Is Listed on Huobi

The post Telegram to build non-custodial wallets and decentralized exchanges, says CEO Pavel Durov appeared first on CryptoSlate.



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