TRON Inc., one of the world's largest cryptocurrencies, has hired its first head of compliance—David Labhart, the company has just announced. Labhart is a finance-industry veteran; he’s got almost 15 years of experience in the securities industry, including the U.S. Securities and Exchange Commission.
"Joining TRON is the perfect progression in a career driven by a passion for the frontier of financial industry; where technology meets regulation," Labhart says. "Blockchain and cryptocurrency are the next step in the evolution of the world's financial system, and I'm excited about Justin [Sun]'s passion and long-term view of the benefits and potential impact of this new technology."
Labhart will also serve as TRON's co-general counsel, helping the company navigate regulatory issues and responsible development of blockchain, peer-to-peer and other technologies, says Justin Sun, TRON founder and CEO.
"As the cryptocurrency space matures, investors and regulatory agencies around the world must trust that TRON has a forward-thinking and stable growth trajectory that doesn't run afoul of any regulatory requirements," Sun says.