I've recently come across this story about Telegram planning to launch its own wallet/exchange and wanted to see your opinion on the matter, since I don't know how to feel about it or if it's good for the overall crypto space or not.
I am not sure about exchange but IME had it already so this isn't really a big deal. I would guess that it would spread scamming a lot more, that scares me the most. I mean imagine how many scammers are out there right now, and the ease of sending them money would be through the roof soon because of this, that means we are going to end up with something like scammers asking money from telegram wallets basically.
Plus, the security is another question, what if my telegram wallet gets hacked? Or telegram account? Skimming someones SIM is easy, so you can join their telegram account via requesting sms and if you have their SIM then you would be able to login and take all their money out.