Despite the current challenges faced by the Telegram ecosystem, the price of Toncoin (TON) continues to soar. Regulatory pressures on the TON ecosystem have not deterred the cryptocurrency from gaining value. Currently, regulators are demanding that the social media platform disclose users’ IP addresses, a request that Telegram may soon comply with.
Telegram Takes Action Against Illegal Activities
Authorities have discovered that the search feature on Telegram has been misused by certain individuals for the sale of illegal products. Originally designed to help users find public channels and bots, this feature has now become a threat to the social network’s presence in India.
To combat this issue, a team of moderators has been using artificial intelligence technology to control the situation. According to Pavel Durov, the number of unsafe and problematic content has significantly decreased. In an effort to prevent further illegal activities, Telegram has decided to provide regulators with the IP addresses and contact information of users who violate its rules.
The Future of TON and Changes in Telegram
The situation on Telegram may have an impact on the TON protocol in the future. Durov emphasizes that the search feature is intended for finding friends and discovering news, not for promoting illegal products. While this step may hinder Telegram’s goal of protecting freedom of expression, Durov believes it is the best course of action.
Durov’s seriousness in addressing this matter comes shortly after his detention by French authorities. After spending some time with them, Durov has promised to enhance the overall usage of the social network.
As of now, TON is trading at $5.68, experiencing a 6.37% increase in the last 24 hours and a 5.17% increase weekly. These regulatory challenges have not yet impacted the price, but this could change in the future. If not managed properly, this move could have negative consequences for TON in the long run. On the other hand, most investors may remain unfazed by these “public-private transparency steps against crime,” allowing the price of TON Coin to flourish once the pressure on Telegram subsides.
In conclusion, Telegram’s efforts to balance user privacy and security are crucial for the platform’s future. While these measures are expected to reduce criminal activities, they may also raise concerns about user privacy. TON investors and users should closely monitor how these developments affect the value and usage of the cryptocurrency.
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Disclaimer: The information provided in this article should not be considered as investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry risks, and should conduct their own research.
