Satoshi Nakamoto Blog
Image default
Altcoin News Crypto Cryptocurrency NEWS Regulations SEC TRON USA

Crypto Platform Tron Hires Former SEC Attorney as First Chief of ComplianceCrypto Platform Tron Hires Former SEC Attorney as First Chief of Compliance


Blockchain platform TRON has hired a former United States Securities and Exchange Commission (SEC) supervisory attorney as its first chief compliance officer. The company has revealed this to Cointelegraph in a press release on Jan. 9.

David Labhart, who previously worked as an attorney for the U.S. regulator, will also take on the role of co-general counsel at the company.

TRON, along with its associated TRX token, has built a major presence over the past year, in part due to the continued, and at times controversial, publicity efforts centred around CEO Justin Sun.

Designed to offer an alternative platform for decentralized applications (DApps) to Ethereum, TRON celebrated its one millionth user account last month.

TRX has risen 6.4 percent in the past 24 hours according to CoinMarketCap data, making it the best daily performer in the top twenty cryptocurrencies by market cap.

Evolving regulatory compliance obligations remain an issue for cryptocurrency entities serving both the U.S. and most other major markets. As Cointelegraph reported, some businesses such as crypto exchange Bittrex have opted to split their operations in order to segregate U.S. users, who are bound by different rules.

–AltcoinToday.com

Photo via Shutterstock.

Source: Cointelegraph

loading…









Source link

Related posts

East Midlands is top performing region in 2018 according to NatWest Regional PMI® report

satoshi

Kevin McCallister might have put this new Alexa talent to good use in ‘Residence Alone’ – BGR

satoshi

New Ripple-Based mostly Decentralized Change Launches in San Francisco

satoshi

17 Tons Of Almonds Have Reached  Europe Due To The  Blockchain Platforms

satoshi

Lawmakers in the US Want to Change SEC’s Securities Definition to Adapt to the Crypto World

satoshi

COINBASE CRYPTOCURRENCY WALLET ADDS ETHEREUM CLASSIC SUPPORT

satoshi