Pavel Durov Stands Firm on Telegram’s Privacy Amid EU and French Demands

Telegram founder Pavel Durov has strongly opposed creating encryption backdoors as demanded by the EU and the French government, prioritizing user privacy over potential market exits. Telegram has only shared user IPs and phone numbers with authorities, rejecting the sharing of private messages. This firm stance responds to pressures from the EU’s Digital Services Act and criticism from France. Durov has criticized these measures as harmful to digital freedom and suggested that backdoors pose security risks. Despite facing potential legal issues in France, Durov emphasizes Telegram’s role as a privacy champion, which is crucial for its reputation within the crypto community.
Neutral
The news highlights Telegram’s commitment to privacy, which is generally viewed positively as it aligns with the values of the crypto community that prioritizes privacy and decentralization. However, the stance against EU regulations and potential market exit does not directly influence cryptocurrency prices or market stability. The focus on user privacy may reinforce user trust in Telegram as a secure communication platform in the crypto space but lacks immediate price impact, resulting in a neutral view on market movements.