Telegram and EU Regulatory Consolidation: Trouble Ahead
October 6, 2025
This essay is the work of a dumb dinobaby. No smart software required.
Imagine you are Pavel Durov. The value of TONcoin is problematic. France asked you to curtail some content in a country unknown to the folks who hang out at the bar at the Harrod’s Creek Inn in rural Kentucky. Competitors are announcing plans to implement Telegram-type functions in messaging apps built with artificial intelligence as steel girders. How can the day become more joyful?
Thanks, Midjourney. Good enough pair of goats. One an actual goat and the other a “Greatest of All Time” goat.
The orange newspaper has an answer to that question. “EU Watchdog Prepares to Expand Oversight of Crypto and Exchanges” reports:
Stock exchanges, cryptocurrency companies and clearing houses operating in the EU are set to come under the supervision of the bloc’s markets watchdog…
Crypto currency and some online services (possibly Telegram) operate across jurisdictions. The fragmented rules and regulations allow organizations with sporty leadership to perform some remarkable financial operations. If you poke around, you will find the names of some outfits allied with industrious operators linked to a big country in Asia. Pull some threads, and you may find an unknown Russian space force professional beavering away in the shadows of decentralized financial activities.
The write up points out:
Maria Luís Albuquerque, EU commissioner for financial services, said in a speech last month that it was “considering a proposal to transfer supervisory powers to Esma for the most significant cross-border entities” including stock exchanges, crypto companies and central counterparties.
How could these rules impact Telegram? It is nominally based in the United Arab Emirates? Its totally independent do-good Open Network Foundation works tirelessly from a rented office in Zug, Switzerland. Telegram is home free, right?
No pesky big government rules can ensnare the Messenger crowd.
Possibly. There is that pesky situation with the annoying French judiciary. (Isn’t that country with many certified cheeses collapsing?) One glitch: Pavel Durov is a French citizen. He has been arrested, charged, and questioned about a dozen heinous crimes. He is on a leash and must check in with his grumpy judicial “mom” every couple of weeks. He allegedly refused to cooperate with a request from a French government security official. He is awaiting more thrilling bureaucracy from the French judicial system. How does he cope? He criticizes France, the legal processes, and French officials asking him to do for France what Mr. Durov did for Russia earlier this year.
Now these proposed regulations may intertwine with Mr. Durov’s personal legal situation. As the Big Dog of Telegram, the French affair is likely to have some repercussions for Telegram and its Silicon Valley big tech approach to rules and regulations. EU officials are indeed aware of Mr. Durov and his activities. From my perspective in nowheresville in rural Kentucky, the news in the Financial Times on October 6, 2025, is problematic for Mr. Durov. The GOAT of Messaging, his genius brother, and a close knit group of core engineers will have to do some hard thinking to figure out how to deal with these European matters. Can he do it? Does a GOAT eat what’s available?
Stephen E Arnold, October 6, 2025
Comments
Got something to say?
-
- Subscribe to Beyond Search
Feature archive
News archive
-
