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Avoid Telegram Token, Russian Lawmaker Says as Durov Faces Charges

Andrey Svintsov, a deputy chairman of the State Duma's Information Policy Committee, told Russians to stop buying Gram cryptocurrency and to pause all Telegram‑related financial transactions until security agencies provide official guidance.

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What happened

Andrey Svintsov, a deputy chairman of the State Duma’s Information Policy Committee, told Russians to stop buying Gram cryptocurrency and to pause all Telegram‑related financial transactions until security agencies provide official guidance.

Confirmed

Global impact / market context

The advisory signals heightened regulatory risk for crypto projects linked to Russian platforms, potentially reducing investor confidence and limiting access to digital assets for Russian users.

Analyst inference

The warning comes as Russian authorities are tightening control over digital assets, and investors are already cautious about crypto exposure amid regulatory scrutiny.

Analyst inference

What to watch

  1. Any official guidance from Russian security agencies that clarifies the legal status of Gram and Telegram payments, which could lift or tighten the current advisory. Analyst inference
  2. Reactions from Telegram’s parent company, including possible changes to its payment services or token offerings in response to the warning. Analyst inference
  3. Broader Russian regulatory moves on other cryptocurrencies, which may signal further restrictions or enforcement actions affecting the crypto market. Analyst inference

Evidence