Asia

TRON extends support to remove gambling DApps from Japanese Markets

Published

6 years ago

April 3, 2019

Niji Narayan

Photo Source: cryptonewsz.com

Reading Time: < 1 minute

TRON Foundation has extended its support for the crackdown of gambling DApps from Japanese marketplaces. The move comes following pressure from Japanese regulatory agencies over the presence of the cryptocurrency-backed gambling applications.

The Foundation issued new guidelines for applications launched in Japanese market, specifically stating that it would conform “strictly” to the relevant laws and regulations.
Among the new guidelines, TRON makes it clear that the platform will not “encourage or recommend any gambling DApps regarding the Japanese market,” and that the company suggests “Japanese DApp developers not develop any gambling DApps on TRON’s platform.”

However, some community members—particularly cryptocurrency diehards—will find disappointment in the TRON Foundation’s announcement to adhere to local regulations.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.