Yesterday, the National Committee for Digital Assets in El Salvador (CNAD) met with employees of the SEC encryption squad. They have drawn plans for “regulatory sand” cross -border.
This plan includes two experimental programs, each with less than $ 10,000, with a US -based intermediary with a symbolic company Salvadori. The plan is designed to give data on the most important regulatory priorities in the business squad.
Will El Salvador participate with the Supreme Education Council?
Discuss a SEC meeting with CNAD Al Salvador plans, such as Record In a record on the committee website. At the meeting, the parties explicitly discussed the priorities in line with Commissioner Hester Peres statement Announcing the encryption team.
Of the four specific goals, the idea of the “sand box across the border” was listed first.
“This initiative provides the Crypto SEC workplace in a real case study in the world to assess the simplified regulatory methods of digital assets-an opportunity to monitor the frameworks that can enhance the innovation of the American market.
The sand box will take this form of a pilot program with a scenario, each of which costs $ 10,000 or less.
In scenario 1, a US -based real estate broker will participate with a symbolic company in Salvadwan. Investors will be able to purchase symbolic shares of part of the property.
Screen 2 tests the ability of these companies to collect capital by selling symbolic shares, using this capital to launch a project already. The relevant project does not specify, but this scenario does not mention real estate in any capacity.
Each of these two endeavors will provide valuable SEC data on joint commercial projects in El Salvador.
Join El Salvador and SEC representatives, a lawyer, a lawyer specialized In digital assets consulting, Heather Shemelt, the former partner of Goldman Sachs.
According to the document, the participants discussed these proposals, but it does not seem to have actually reached a binding agreement.
The work group only sent some of its employees to this meeting, and no commissioners were already present. However, this partnership with El Salvador can give SEC a lot of useful ideas.
This plan provides a low -cost method to collect difficult data on half of the top business squad priorities, which seem a valuable chance.
Disintegration
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