Richard Levin Quoted in New York Times 'Telegram Pushes Ahead With Plans for ‘Gram’ Cryptocurrency'
Richard B. Levin, Chair of Polsinelli’s Financial Technology and Regulation Practice, was recently quoted in the New York Times in the article, Telegram Pushes Ahead With Plans for ‘Gram’ Cryptocurrency. The article discusses the plans of Telegam, a leading social network, to launch its own digital currency to 200 million to 300 million global users and the regulatory challenges the company will face. Levin notes in the article: “Anyone trying to build this type of token system has to be careful on any number of levels with regulators, . . . I suspect that regulators will take a very close look at this offering.”
The article was also republished by a number of other publications around the world including:
“Telegram’s Cryptocurrency Stays On Course For Its Launch,” Inside Bitcoins
“As Facebook's Libra hit with scrutiny, Telegram to launch its own cryptocurrency,” The Sydney Morning Herald
The full article in the New York Times can be read here: