(Eleanor Terrett - Fox Business News) -- SEC Commissioner Hester Peirce (pro-crypto commissioner) has announced a proposal for a joint “digital securities testing ground” between the US 🇺🇸 and the UK 🇬🇧, This is a uniquely safe place for companies in both jurisdictions to safely experiment with the use of blockchain technology to trade securities without fear of being penalized by regulators. This will allow:

- Conduct a limited amount of transactions in the United States using blockchain technology to trade securities without fear of being targeted by regulators.

- Time in the testing area will be limited to a maximum of 2 years with the possibility of extension.

- Companies can choose some of their own regulatory rules but will have to follow some government guidelines to protect investors.

- If the time in the test zone is successful, companies can continue their activities with special permission from regulatory authorities.#btc