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CoinDesk Podcast Network

COINDESK DAILY: Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 26 August 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Host Jennifer Sanasie breaks down the news in the crypto industry from Telegram's statement after the arrest of its CEO to the CBDC pilot in India. "CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.8

Telegram says it's compliant with EU law after the arrest of its CEO and India's CBDC pilot sees millions of users.

0:58.0

This is CoinDesk Daily. I'm your host, Jen Sanassi.

1:06.1

Messaging app Telegram said that it fully complies with European Union law and its content moderation

1:11.8

practices are within industry norms. The statement comes after its CEO, Pavel Durov, was arrested

1:18.2

at a French airport by local authorities. A formal charge sheet has yet to be published by prosecutors,

1:24.3

but media reports indicate that prosecutors could assign culpability to the CEO

1:29.1

and Telegram for criminal acts that took place on the app. Telegram said in the statement that it is,

1:35.2

quote, absurd to claim that a platform or its owner are responsible for abuse of that platform,

1:41.3

end quote. India's retail CBDC pilot has over 5 million users with as many as 16 banks participating.

1:48.8

However, the governor of the nation's central bank hinted that they should not be in any rush

1:53.0

to roll out a system-wide CBDC.

1:55.5

Governor Shakta-Kanta Das spoke at a conference on the matter, saying that the actual

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