Don't Promote Gambling DApps in Japan, - TRON

It also "suggests developers who are working on gamling apps block users with Japanese IP addresses" due to local laws
01 April 2019   171

The TRON Foundation on Sunday published a notice for developers, in which it recommended that they not promote certain types of decentralized applications in the Japanese market.

TRON hereby declares that:

  1. TRON strictly conforms with relevant laws and regulations in Japan;
  2. TRON does not encourage or recommend any gambling DApps regarding the Japanese market;
  3. TRON suggests Japanese DApp developers not develop any gambling DApps on TRON’s platform;
  4. TRON suggests developers who are working on gamling apps block users with Japanese IP addresses. Please do not facilitate the use of gambling apps among Japanese users;
  5. TRON will collaborate with Japanese government and provide necessary support if any TRON DApps violate Japanese laws and regulations.

TRON Foundation

How exactly will the violators be prosecuted, the TRON Foundation does not specify.

In Japan, gambling is prohibited by the criminal code, with the exception of betting on the results of horse racing and motor racing competitions, as well as state lotteries.

Tether to Issue TRON Blockchain Based USDT Tokens

At the moment, a number of large platforms, including Bitfinex, OKEx, Gate.io and Huobi, have announced their readiness to list new token
18 April 2019   130

Issuer of Tether began to issue USDT coins based on the Tron blockchain. This is reported by the head of the Tron Foundation Justin Sun announced on Twitter.

He also urged the exchanges and cryptowallets to support the initiative. A number of large platforms, including Bitfinex, OKEx, Gate.io and Huobi, have announced their readiness to list new asset.

In addition, as Justin Sun said, the first investors will receive a reward for converting USDT on Bitcoin or Ethereum blockchains in the TRC-20 standard USDT - 20 million USDT will be distributed as additional interest payments within 100 days.

Tether and Tron announced a partnership in early March. As Tether CEO Jean-Louis van der Velde said at the time, Tron-USDT will be the next step in the company's development and demonstrates its commitment to spreading innovation in the cryptocurrency space and striving to meet the needs of the community formed around digital assets.