Telegram Mandates TON Connect for Crypto Wallets

I have created a news article based on the provided content. Here is the summary: 1. * Telegram now requires third-party crypto wallets to use TON Connect. * This means only the TON blockchain will support crypto services on its platform. * Telegram to Pfully Support TON Connect + Starting February 21, all Mini Apps on Telegram must transition to the TON blockchain. + This includes transferring smart contracts, bridging current assets, and using TON Connect only for wallet activities. + The goal is to simplify how Telegram connects with crypto services, but it has raised concerns in the cryptocurrency community about its impact on decentralization. 2. * In November 2024, Bitget Wallet and Foresight Ventures introduced a $20 million funding initiative to support the development of Telegram Mini Apps. * The fund seeks to catalyze a revival for TON by encouraging new Mini-App projects and providing the infrastructure and resources to developers eager to capitalize on Telegram’s vast user base. 3. * ISO 20022-compliant cryptocurrencies could benefit substantially in the future. * They will be prime candidates for financial institutions looking to expand their offerings with the unique advantages offered by blockchain technology. * The ISO 20022 standard streamlines data interchange between financial institutions, enhancing automation, reducing errors, and improving cash flow visibility. * As of the latest reports, about 72% of banks have achieved ISO 20022 compliance, with others required to comply by 2025. * Cryptocurrency companies that have adopted the ISO 20022 standard, like XRP and Stellar, offer easier integration with financial systems and potential industry adoption. * The adoption of ISO 20022 in cryptocurrency projects like Algorand, Quant, and Hedera enhances compatibility with traditional finance, fostering wider acceptance and technological integration. 4. * Creating your own cryptocurrency involves several steps, including choosing a blockchain platform, selecting a smart contract, coding your crypto, and testing