Blockchain
Justin Sun Appointed as the WTO Ambassador for Grenada by the Ministry of Foreign Affairs
Singapore, Singapore–(Newsfile Corp. – December 17, 2021) – The Government of Grenada has announced the appointment of Justin Sun as its new WTO Ambassador to be based in Geneva. Sun, a leading figure in the crypto and blockchain sphere is best known as the Founder of TRON, one of the world’s largest and most popular blockchain platforms. Sun’s interest in history, socio-political issues and international affairs began at a young age. Eventually, it led to him majoring in History at Peking University, where he graduated first in his class; he then pursued his M.A in Social Sciences from the University of Pennsylvania. Sun’s passion for making blockchain and financial technology accessible to everyone led to the establishment of the TRON ecosystem.
Figure 1: Prime Minister Dr. Keith Mitchell with H.E. Mr. Justin Sun, for his appointment as Ambassador, Permanent Representative of Grenada to the WTO
Grenada is a key member of the Caribbean Community (CARICOM), the CARICOM Single Market and Economy (CSME), and the Organization of Eastern Caribbean States (OECS).
“It is truly an honor to serve as the WTO ambassador for Grenada,” said Justin Sun. “I look forward to the opportunity to represent Grenada and work with WTO leadership to reinvigorate global trade in various ways, particularly the development of a robust digital economy internationally.”
His appointment comes at a time when the world is continuing to grapple with the COVID-19 pandemic. WTO has projected the decline in global trade to exceed the previous slump brought by the global financial crisis of 2008-09, with merchandise trade expected to decline 13-32% due to the COVID-19 pandemic. Sun’s expertise in the blockchain industry will likely breeze some much-needed fresh air into the regional economy, as Grenada and CARICOM are among the hardest hit by a Covid-led tourism industry shutdown.
Media Contact:
Anjali George
[email protected]
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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