Justin Sun, Founder of Tron Foundation has confirmed the news regarding Tron expansion in Malta. He recently announced on Twitter that he is grateful to PM of Malta, Joseph Muscat for his support and is looking forward to building a blockchain island with the Malta Government. He even added that TRON Foundation is considering to invest and operate in Malta along with their strategic partner, Binance.
The speculations of Tron expanding to Malta has been on ever since Changpeng Zhao [CZ], CEO of Binance had recently announced that they will be starting operations in Malta with the support of the Malta government and Prime Minister, Joseph Muscat.
Binance was keen on spreading their operations in the E.U and chose Malta as they are a pro-blockchain nation and are formalizing a virtual currency act. This act will be paving a path for one of kind audit framework which focuses mainly on regulating blockchain investment.
Ramona Galea, a crypto enthusiast says,
“I am a Maltese and I have been following TRX before its crazy peak in January. This is amazing news for us. The maltese will be investing in your coin and will surely make it go to the moon again. Well done for all the work!”
Andre, a Twitterati and cryptocurrency investor says,
“If that happens then Tron will be $10”
Crypto Vikings, a cryptocurrency enthusiast says,
“Rename Malta to cryptopia.”
Ub Forty, a crypto-trader since 2013 and Ripple investor says,
“Be careful. Malta may be a sovereign nation, but it cannot withstand a concerted EU pressure or even German pressure. Joseph needs allies in the EU. Hopefully, the French will continue to grow their crypto enthusiasm.”
Hodlordie, another Twitterati says,
“You’re a vulture. You are merely jumping on the band wagon to pump your plagiarised shitcoin.”
The Tron Test Net launch on March 30th and Tron topping Koniex have already railed up the market which resulted in a huge boom in TRX value. According to CoinMarketCap, TRX is currently trading at $0.042 with a market capital of $2 billion.
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