2024-04-24 | 4067

Private Issuance Procedure

The National Commission of Digital Assets mandates that issuers intending to conduct a private offering must submit prior notification along with required documentation. The Commission has a 20-business-day deadline to issue a non-objection to the proposed issuance. If the Commission fails to respond within this period, positive administrative silence is automatically applied in accordance with the Administrative Procedures Law.

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El Salvador

Comision Nacional de Activos Digitales

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