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Pavel Durov may eliminate Telegram Messenger because of cryptocurrency

Pavel Durov may eliminate Telegram Messenger because of cryptocurrency

Pavel Durov filed an application for the liquidation of the company Telegram Messenger. Currently, it is in the Roskomnadzor registry, as prohibited and subject to blocking. Experts note that the liquidation of the company may be associated with the launch of Durov’s own cryptocurrency.

The end of Telegram Messenger LLP?

In the British State Register of Legal Entities appeared data on the request for the liquidation of the company Pavel Durov. The head of Telegram Messenger LLP himself has not yet commented on this information. It is possible that with this method Durov decided to rebrand and not allow Roskomnadzor to block the popular messenger in Russia. At the same time, now the company is actively engaged in creating its own cryptocurrency, which is why all the forces and funding can be further allocated specifically to this industry.

In April 2018, Telegram was blocked in Russia because of the refusal to transfer encryption keys to the FSB. The lawsuit was filed by Roskomnadzor and was able to win the case in the Tagansky District Court. Despite this, Durov decided to counteract the department and built in the instant messenger an algorithm that constantly transfers databases from one server to another.

Durov himself previously said that the creation of cryptocurrency requires a complete restructuring of its companies. Telegram Messenger LLP was established by the legal entities of the British Virgin Islands (BVI) and Belize. Because of this, she has no right to create her own electronic currencies and work in this industry.