The Blockchain Association cryptocurrency organization supported Telegram in the case against the US SEC and accused the regulator of the lack of clear rules for working with cryptocurrencies.
The Blockchain Association is confident that Telegram has done everything possible to launch its blockchain in a timely manner. They tried to get in touch with the US SEC and independently provided them with project documents. Moreover, blocking the launch of the TON blockchain is a threat to its investors and the entire industry, as sets a dangerous precedent.
Telegram-sponsored organizations include well-known companies such as Ripple, Circle, and Coinbase.
