The Kingdom of the Netherlands is formed by the Netherlands, Saint-Martin, Aruba and Curaçao. Recently, in Saint-Martin, the deputy Rolando Brison expressed his intention to do like the island of Dominica. It turns out that the latter adopted TRON as its official blockchain and legal tender not long ago. The region has also passed the Eastern Caribbean Central Bank Virtual Assets Act.
Saint-Martin will collaborate with the TRON blockchain
A few weeks after the launch of the Dominica Coin (DMC) based on TRON in Dominica, Saint-Martin wants to adopt the TRX. Indeed, the deputy Rolando Brison indicated that Saint-Martin would benefit from also making the TRX an official currency. He explained that to carry out such a project, he would simply follow the example of the island of Dominica. Brison claimed in a statement : “ Often we sing the praises of other prime ministers in the region, and rightly so. But acting on it for the benefit of our people and our economy is much more valuable.“.
MP Brison argued: “Allowing crypto to continue to be completely unregulated in St. Maarten is extremely risky, and we need to be proactive.“. “I therefore use my right of initiative to bring this law with the TRON protocol to the fore, with subsequent possibilities of incorporating other blockchains“, he added.
Brison argued that the adoption of TRON can be done by collaborating with other countries like St. Kitts. The MP believes that many countries are currently working “on their own legal tender legislation“. Recall that not long ago he suggested that a responsible use of blockchain technology would change the local economy.
reactions
An adoption of TRON in Saint-Martin would correspond to the strategy of the blockchain which wishes to be massively adopted in the world. That said, after Brison’s announcement, TRX’s social volume and demand increased significantly. The increase in social volume of the native token of the TRON blockchain is proof of the popularity of thetoken.
The TRON project is appreciated for its decentralization, which allows it to facilitate the smooth transfer of money without an intermediary. Currently, the total market capitalization of TRX is estimated at over $5.6 billion. Analysts expect a considerable rise in the price of the token in the second quarter of 2023.
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