
Geneva, Switzerland — Jan. 25, 2023 — Tron may soon be officially adopted by the government of the eastern Caribbean island of St. Maarten. Member of Parliament (MP) Rolando Brison, the leader of the United People’s Party and second vice chairman of St. Maarten’s parliament, has been outspoken for some time now about the benefits of blockchain technology and cryptocurrency for the people and the economy of his homeland. He has now initiated the proposal of a law to designate the Tron protocol as the country’s blockchain infrastructure and the Tron-based cryptocurrency, TRX, as legal tender for everyday use.
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On Jan. 23, 2023, the Saint Martin News Network (SMN-N) highlighted MP Brison’s declaration to advance a law that would officially make Tron and Tron-based cryptocurrencies part of St. Maarten’s local commerce and economic infrastructure. SMN-N noted MP Brison’s intention was not to “re-invent the wheel,” but rather to follow the example of St. Maarten’s southern neighbor Dominica.
In October 2022, the Commonwealth of Dominica officially announced the adoption of seven Tron-based cryptocurrencies as legal tender, along with the designation of Tron as its national blockchain, following the passage of the Virtual Asset Business Legislation in May 2022, which the Eastern Caribbean Central Bank assisted in drafting. Brison is now working to translate “the law in a manner that fits our Dutch legal system and local economy,” SMN-N reported.
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Member of St. Maarten’s parliament initiates law to adopt Tron as legal tender
Tron may soon be officially adopted by the government of the eastern Caribbean island of St. Maarten
