TRON prohibits gambling DApps for the Japanese market in an effort to comply with local regulations

The TRON Foundation has issued a statement explaining that it aims to abide by local laws and regulations, particularly focusing on Japan and its anti-gambling policies.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

In an effort to conform with Japanese laws and regulations which forbid gambling in Japan, TRON states it “does not encourage or recommend any gambling DApps regarding the Japanese market.” It also discourages Japanese DApp developers from developing any gambling DApps for the platform. It also suggests developers working on gambling apps should block users with Japanese IP addresses.

“TRON will collaborate with Japanese government and provide necessary support if any TRON DApps violate Japanese laws and regulations,” TRON wrote in the statement. This statement is particularly contrasting to Justin Sun, CEO of TRON Foundation, saying that TRON performs way better than Bitcoin and Ethereum in terms of decentralization.