Blockchain Association supports Telegram

The Blockchain Association has submitted a new brief to support Telegram. The briefing mentioned the contradictions that digital asset issuers must resolve when dealing with the SEC: "There is no unresolved precedent or institutional rulemaking that can indicate whether and when digital assets constitute securities." According to the briefing, Telegram clearly tried Operation within the expected scope, including issuance based on SAFT (Future Token Simple Agreement) framework.