Telegram’s crypto plans hit a brick wall as SEC files emergency action

Telegram’s crypto plans hit a brick wall as SEC files emergency action

It has been a tough week for cryptocurrency advocates as both Facebook and Telegram suffered major setback in their plans to get their respective products to the markets. First, it was Facebook-the social media giant’s effort at seeing Libra off to a good start suffered major setback as some of its backers pulled out of the show.