September 6, 2024
Telegram Changes Rules to Control Content in Private Chats
Telegram has announced that it will expand content moderation to include private chats, allowing users to flag illegal content for review. This decision comes shortly after CEO Pavel Durov was arrested in France for failing to control unlawful content on the platform. This change could impact Telegram's image as a facilitator of illegal activities, especially as Durov asserts that the allegations are baseless.
The news about Telegram changing its content moderation rules in private chats could have far-reaching effects on cryptocurrencies like QNT (Quant) and SXP (Swipe). This adjustment not only reflects Telegram's efforts to enhance legal compliance and combat illegal content but also opens up new opportunities and challenges for blockchain platforms.
QNT, with its mission to connect different blockchain networks, may attract greater attention in the context of Telegram seeking to improve its content management system. If Telegram adopts blockchain technology to manage and validate content, QNT could become an ideal solution due to its ability to integrate and interact across various systems. The growing demand for security and transparency could drive up QNT’s value, especially as businesses and organizations look for tech solutions to comply with regulations.
Conversely, SXP, which is used for payment transactions and services related to Swipe, might face challenges if users feel that content moderation on Telegram diminishes free speech. If Telegram becomes more stringent in monitoring content, some users may seek alternative platforms, leading to a decreased demand for the services supported by SXP. This could put pressure on SXP’s value, particularly if users migrate to other options that are less tightly regulated.
