Wallet in Telegram App Temporarily Blocked for UK Users Due to Restructuring – Vince Quill 9/25/24

Source: cointelegraph.com

Wallet in Telegram will be temporarily restricted for users in the United Kingdom — due to a restructuring that saw Wallet in Telegram join the Open Platform— and will be available after the entity registers as a corporate asset provider, according to a Sept. 25 announcement from the wallet provider.

The popular third-party said it decided to register as a crypto asset provider under the current Financial Conduct Authority (FCA) regulations and will disable the in-app wallet features for UK residents until Wallet, the firm behind the app, has obtained the proper regulatory licenses….

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