Justin Sun leaves TRON Foundation to become Grenada Ambassador to the World Trade Organization

Brief:

  • TRON CEO Justin Sun will become the Ambassador of Grenada
  • Justin Sun open letter announced his resignation from TRON Foundation
  • He will represent the interests of the state in the World Trade Organization
  • Against the backdrop of a falling economy, digital assets can become a “lifeline” for Grenada and attract investors to the country

Founder of the TRON cryptocurrency platform, Justin Sun is leaving his post to become the Permanent Ambassador of the Government of Grenada to the World Trade Organization. His task in the new post will be the development of the crypto-sphere of the island state, as well as the promotion of blockchain technology.

At the same time, the company noted that the position does not imply “financial reward”. Sun himself directly agreed to the appointment solely to promote technology in the crypto-sphere.

This is how the founder of TRON commented on the news:

“It is a great honor to become the Ambassador of Grenada to the World Trade Organization. I look forward to the opportunity to represent this country and look forward to working with the WTO leadership to promote global trade, including through the leverage of the digital economy. ”

The WTO press release states that TRON’s CEO experience will benefit Grenada. This Caribbean state has been hit hard by quarantine restrictions. In turn, the cryptocurrency sector can become the “locomotive” that will ensure the further development of the state’s economy.

Grenada is far from the only example of a small country that has high hopes for digital assets. For example, under the new president, El Salvador not only legalized bitcoin, but also introduced it into all financial flows.

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