In recent developments, Justin Sun, the founder of TRON, announced today that TRON is supporting the Digital Sovereignty Alliance (DSA). Notably, the DSA is an industry-led effort to champion crypto policies in the US.
Accordingly, the blockchain founder is excited about the DSA’s work with lawmakers, industry experts, and community leaders on crypto legislation. Also, he believes that this legislation “will lead to the healthy growth of the entire digital assets industry.”
Furthermore, Sun also cites that the work on crucial legislation, such as the Financial Innovation Technology Act of 2021 (FIT21) and the Digital Commodity Consumer Protection Act (DCCPA), is essential “for advancing digital sovereignty and fostering innovation.”
In addition, the TRON founder expressed the desire of the entire TRON ecosystem to contribute their quota to revolutionizing crypto policies in the United States.
“As one of the largest decentralized blockchain networks in the world, the TRON community is committed to sharing all knowledge and experience that can help shape this next phase of growth,” said Justin Sun.
TRON to Support Crypto Policy Advance: Implications
Notably, TRON is committed to supporting the development of crypto policies in the US as the country is a major player in the global crypto market.
If the US can develop clear and sensible crypto policies, it will help to create a more stable and predictable environment for the crypto industry. Consequently, this could lead to more innovation and growth in the industry.
Following the recently concluded presidential elections with Donald Trump emerging as the President-elect, the crypto industry stands to gain much from the pro-crypto candidate’s win. Notably, Bitcoin and other cryptocurrencies are bullish and breaking previous all-time highs already.
As industry stakeholders like Justin Sun Support the Digital Sovereignty Alliance, better policies to govern crypto will be implemented in the US. This will significantly enhance the crypto industry and attract more crypto investors.