French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.
The Telegram founder was arrested at Le Bourget airport north of Paris on Aug. 24.
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
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The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”
It remains unclear if Durov has been officially arrested or charged.
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
Telegram founder Pavel Durov was arrested in France on Aug. 24. Here’s what we know so far and how prominent figures have reacted.
The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations.