The CEO of Chainlink, Sergey Nazarov, met with the president of the US Securities and Securities Commission. Paul Atkins, who Nazarov said he was very interested in the best way to obtain assets in the chain in compliance with the securities laws.
Chainlink executive director, a network specialized in real -world data authentication for intelligent contracts, said it was impressed with how much the United States agency has moved away should allow token blockchanization innovations in the financial system in the financial system and, instead, is looking at how this can be done with the maximum efficiency and safety of the market.
“While cryptocurrencies define most of the value of our industry today, I personally feel firmly that the trend of real world assets and the token of digital assets in the institutional world will grow to be the majority of capitalization of the market in our industry,” Nazarov told Coindesk in an interview after his meeting on Friday. He said that Atkins “has very clear ideas and objectives for the traditional financial system to work properly in the chain.”
Nazarov, who also met with the new cryptographic link of the White House, Patrick Witt, on Friday, said he has a lot of hope “based on urgency and speed” that the SEC and the White House are demonstrating. He said he believes that Blockchain infrastructure will find a place within the rules of runner agent and transfer, allowing complete token “perhaps in the middle of next year.”
The Chainlink co -founder said that a central task is to obtain blockchains to fully comply with the standards for a “legally binding” asset transfer. “That is a class of problems that is now working with us,” he said, adding that ATKINS understands it well and pointed out the recent direction of the president in which he announced his initiative “Project Crypto.”
A SEC spokesman declined to comment on the meeting, although the agency has been generating impulse with cryptographic statements, comments and policy maneuvers. Last week, the Securities Regulator issued a joint statement with the Future Trade Commission of the basic products to tell the registered platforms that are well to carry out the spot trade of certain cryptographic assets, issue a short -term agenda that is full of cryptographic initiatives and met with the CFTC on Friday to tell the cervators that the two regulators of the markets will be working in Lockstep to Pave The Way for Forry for Cy Cry Cry Credo.
Under the predecessor of Atkins, Gary Gensler, the agency had resisted embarking on the regulation of custom digital assets. Atkins says that the laws and powers of existing agencies offer wide authority to start working on friendly policies to clarify how the government approaches cryptography.
Meanwhile, the Senate is working on a bill of cryptography market structure that would establish new laws for crypto and its regulators. That effort saw some progress on Friday as a new and longer version of the previous bill of the Senate Banking Committee began to circulate.
The Chainlink Network was also among the places of digital assets chosen by the United States Department of Commerce last week when, for the first time, the federal government issued the main economic data, the gross report of the domestic product, through Blockchain. That is a continuous trend for trade and other agencies, according to officials behind the statement.
“Our industry has a very unique time in time at this time, which if you use it well can solidify its position in the United States and, therefore, in the global economy,” Nazarov said.
Read more: SEC, CFTC bosses say Crypto Turf Wars happens as agencies advance in joint work
