The entertainment crypto-platform Tron will work and develop projects in Malta. , the general director of the company Justin Sun stated about this in Twitter. According to him, Tron entered into a strategic partnership with Binance crypto-exchanger and intends to cooperate with the government of Malta.
Earlier, Binance announced the move to Malta. This decision was made by the management after pressure from the financial regulator of Japan. Previously, a similar situation forced Binance to move to Tokyo from China.
The island states are trying to become oases for cryptocurrency projects, trying to create for them a soft regulatory environment. Malta has more chances to win in this race: although cryptocurrency projects registered on the island before, it is the arrival of such big players as Binance and Tron, which can attract other participants of crypto-market.