Telegram CEO Forays Into DEX, Crypto Wallets After FTX Collapse: ‘We Should Steer Blockchain Away From Centralization’

Pavel Durov, the Telegram messaging platform’s founder and CEO on Wednesday said that the platform would soon be introducing “non-custodial wallets” and “decentralized exchanges” that would allow millions of users to safely trade cryptocurrency. What Happened: In a Telegram channel post, Durov said that by addressing the problems caused by excessive centralization, “we can serve the needs of hundreds of thousands of crypto users.