TRON

<ul>
 <li>H.E. Justin Sun tweeted about the potential harm prevalent in the financial sector, referring to the SVB fall.</li>
 <li>The TRON founder added that it is necessary to build a reliable bank.</li>
 <li>He added that he would help in any way and invited the cooperation of the crypto community.</li>
</ul>
H.E Justin Sun, the founder of the blockchain DAI ecosystem TRON and the Global Advisor to the international <a href="https://coinedition.com/what-is-a-cryptocurrency-exchange-how-does-it-work/" rel="noopener noreferrer nofollow">crypto exchange</a> Huobi, shared a Twitter thread on March 12 highlighting the “potential harm” prevalent in the financial sector, referring to the debacle of the commercial banking company Silicon Valley Bank (SVB).
Earlier, on March 10, the California Department of Financial Protection and Innovation (DFPI) asked SVB to shut down due to some undisclosed reasons, leading many financial institutions and investors at risk.
Notably, Sun tweeted that recent incidents like the sudden crash of SVB Financial Group showcase the potential harm to many financial institutions:
<a href="https://coinedition.com/tron-founder-asserts-the-need-for-a-robust-banking-infrastructure/" rel="noopener noreferrer nofollow">See the Original CoinEdition </a>

TRON Founder Asserts the Need for a Robust Banking Infrastructure

Coin Edition

Other articles published on Mar 12, 2023

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