Signal President: Signal is an independent organization, while MobileCoin is an experimental integration project

ChainCatcher news, Signal President Meredith Whittaker stated in an interview with Time magazine: "Signal is not MobileCoin; Signal is an independent organization. MobileCoin is just a very, very experimental (integration into Signal) project. The core focus of Signal is privacy messaging, and I believe anonymous payments are a necessary service, but right now the crypto market is a 'shitshow,' so Signal will continue to observe."

Additionally, Meredith stated: "Cryptocurrency is a highly risky securities trading tool, with most funds passing through centralized trading platforms, many of which are not capitalized. Many things in the current crypto market that are considered technological innovations are more akin to securities fraud."