Telegram will continue to work on the launch of the cryptocurrency "Gram"

While Facebook's cryptocurrency faces legal difficulties, Telegram is preparing to launch its own

digital currency. According to the New York Times, Gram will launch in the next two months.

What is it

The cryptocurrency itself will work asa decentralized structure similar to Bitcoin. "Coins" will be stored in the digital wallet of the same name. Telegram will offer it to 200 million of its users.

When to expect?

Since 2018, $ 1.7 billion dollars have been invested in foreign currency. The company promised that a new crypt will be launched before October 31, or the money of investors will be returned.