India might be the Next Location for the Office of Tron

India might be the Next Location for the Office of Tron

Tron has involved itself in a series of new developments in the past few weeks. Recently, Tron had launched Tron Virtual Machine and had also introduced a new project known as Project Atlas with BitTorrent. Now as per the report, Justin Sun, the founder of TRON Foundation and the blockchain, plans to establish an office in India.

Justin Sun had just recently moved to his new office in Beijing. In no time, he has already started making plans for expansion. As of now, cryptocurrency enthusiasts in India are waiting for the final verdict of the Supreme Court of India on the final fate of the situation of cryptocurrency exchanges in India.

The Central Bank of India, Reserve Bank of India (RBI), had in April cracked the whip on cryptocurrency exchanges. The Bank said that the financial institutions will not be allowed to work with exchanges, giving the banks three months’ time to exit the market. The panel of judges who are overseeing the case wants arguments from both RBI and the critics of the ban to be submitted by that day after which the verdict will be made.

TRON Foundation has been achieving new milestones by getting acceptance from various sites and new developments. TRON (TRX) is realizing its dream of being established as a global coin that is massively accepted by every firm. TRON has been running the community with an open concept. TRON has committed itself to build a strong decentralized network and it is currently at the eleventh position as per the crypto charts.

Tron is a blockchain platform that uses the decentralized technology for content creators to create and share contents. It also enables content creators to own their data without restrictions. At the time of writing, TRON is valued at $0.033912 USD with a market capitalization of $2,229,636,479 USD.

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Aayushi Dhawan
Aayushi Dhawan is an avid reader, researcher, crypto writer and a passionate student. While pursuing her graduation in commerce at SRCC, she realized that writing and Finance give her immense pleasure. She is currently pursuing her post graduation in Commerce (Finance) from Department of Commerce, Delhi School of Economics and keeps on exploring the intricacies of research, her biggest strength.