Contributing to Telegram's new crypto 'constitutes an action against national security' in Iran

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Iran is once again cracking down on Telegram, a darling of the crypto world. Telegram, which made headlines in 2018 for its gangbuster billion dollar-plus ICO, has its own crypto dubbed Gram. But anyone involved with the new crypto in Iran will be viewed as acting against the national economic and security interests of the country, according to Tehran Times. "Secretary of Criminal Content Definition Task Force has said any cooperation with Telegram messaging app to launch Gram, the messaging app’s cryptocurrency, in Iran constitutes an action against national security and will be dealt with as a disruption to national economy," the report said. Iran banned Telegram in April 2018 after temporarily banning it in December 2017.

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Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].

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