Tron founder Justin Sun met with Beau Hines, executive director of the Presidential Advisory Council on Digital Assets at the White House.
In X-Post, the sun I explained it Their argument revolves around how Tron and blockchain technology strengthen US dominance in digital assets. He argued that support for genius plays an important role in driving important crypto policy reforms.
Sun commented: “Discussing how Tron and blockchain technology can support digital asset leadership, I met Bo Hines. The support of Genius Law has helped accelerate much needed advances in cryptographic law.”
He also thanked the Digital Sovereign Alliance for their important help in the advancement of genius acts that brought these important debates.
The conversation between the sun and Political influencer Hines It has mainly sparked crypto enthusiasts about how some laws will affect the future of blockchain in the United States.
Analysts believe that gaining political support will drive the growth of Altcoins’ Tron ecosystem, particularly the TRX. This often responds strongly to ecosystem-specific news.
Most members of the crypto community who responded to the Sun Post responded positively to their meetings.
The president nominated former Congressional candidate and promising star Beau Hines to become executive director of the Council of Advisors on Digital Assets. Trump hopes to create crypto-friendly regulations and roll back the Biden administration’s crackdown on the cryptocurrency industry.
Hines is like a Crypto Prince, along with the CEO of Crypto, venture capitalist and lobbyist who wants to meet him. During his first 30 days at work, Hines met more than 50 industry players, including Ripple CEO Brad Garlinghouse and partners Chris Dixon and Marc Andreessen Horowitz.
Tron Sun and SRM agree to a $100 million stock investment deal
Justin Sun recently announced that it will be unveiling its Tron Blockchain platform in the US through reverse merger.
On Monday, souvenir and toy maker SRM Entertainment confirmed it had agreed to a securities purchase with Tron’s founder with a $100 million equity investment. It also claimed that it would issue the stock of its desire and a warrant to increase the value of the transaction to approximately $210 million. So far, SRM has approximately 17.2 million common shares.
The company added that the name will be changed to Tron Incorporation and that Sun will join as an advisor. The model that has since become popular through Michael Saylor’s Bitcoin strategy will be directed to the creation of the Tron CryptoToken Treasury, which is currently employed by multiple companies.
After the announcement, SRM has added more than 460% of its shares into the stock, increasing the company’s market capitalization to $140 million.
Eric Trump, son of US President Donald Trump, has denied reports that he is involved in the intentions of blockchain network Tron to pursue public recruitment in the US. However, he had said something positive about Justin Sun, the founder of the project.
“I’m Tron’s biggest fan,” Trump told social media, adding that he praised the Sun and considers him “a great friend and icon in the crypto space.”
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