Deals & Cases
MLL Legal advises Telegram
MLL Legal acts as Swiss legal counsel to Telegram, a globally leading messaging platform with over one billion monthly active users.
MLL Legal advised Telegram on certain regulatory aspects relating to the potential integration of digital asset functionality into the Telegram ecosystem, which could enable the sending and receiving of digital assets, including transactions between consumers and merchants. The work involved a regulatory analysis at the intersection of financial market infrastructure, payments regulation and AML/CTF law, together with a consideration of the underlying technical architecture and its possible integration into the platform.
MLL Legal also advised Telegram in connection with its USD 1.7 billion convertible bond offering in Switzerland.
The team was led by Dr. Kilian Schärli (Lead Partner) and consisted of Dr. Reto Luthiger (Partner, Regulatory, Fintech & DLT), Andrea Trost (Counsel, Regulatory, Fintech & DLT) and Franziska Gall (Associate, Regulatory / FinTech / DLT).
