Cryptocurrency NewsLatest News

Tron Teams Up With Japanese Government To Maintain Regulations – All Gambling dApps To Be Removed In The Japanese Market

The Tron Foundation has just revealed that it’s conforming to the Japanese regulations and it’s motioning to remove dApps focused on gambling.

Buy Property with Cryptocurrency

Tron released an official statement and said that they plan to expand the blockchain tech and support the development of apps on the Tron network.

Tron will do this but while at the same time adhering to the national regulations and international law.

According to the official press release, “TRON has been striving to promote blockchain technology and diversify DAPPs on its platform while adhering to local laws and regulations across the globe.”

Tron’s statement

Here are the moves that Tron promises to make:

  • Conform with relevant laws and regulations in Japan
  • Tron will not encourage/recommend gambling dApps in the Japanese market
  • Tron suggests to the Japan developers not to develop any gambling dApps on the Tron platform
  • They also suggest developers who are working on gambling dApps to block users with Japanese IP addresses: “Please do not facilitate the use of gambling apps among Japanese users”
  • Tron will collaborate with the Japanese government and offer its complete support if any Tron dApps violate Japanese laws and regulations

Tron becomes one of the largest decentralized ecosystems in the world

Tron just bought CoinPlay which is an online digital coin mining platform that is designed for new miners.

The entity has been acquired by the Tron Foundation.

After they bought BitTorrent which everyone knows was a successful move to make, now this is another step ahead for Tron especially considering the fact that CoinPlay is the very first global blockchain app store.

Tron’s founder and CEO Justin Sun announced it all on Twitter, and this resulted in massive excitement among the community members.

This move will definitely turn out to be very successful, just like it happened with BitTorrent which Tron bought back in 2018.

Related posts
Cryptocurrency NewsPress Releases

Crypto Betting Platform Coinplay Announces 100% Welcome Bonus & Promotion for FIFA 2022 World Cup

Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsInitial Coin Offerings

Kraken Exchange: USDC Is Available On Solana And Tron

Altcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

TRON's Justin Sub Reveals Upcoming Crypto Moves In China

Cryptocurrency NewsGlobal Crypto NewsLatest News

TRON's Justin Sun Makes Massive Announcement - Bringing Blockchain To The Caribbean

Send this to a friend