Maya Preferred PRA has developed a comprehensive plan for accelerated compliance strategy following the announcement by Federal Reserve Chairman Jerome Powell regarding banks' engagement with cryptocurrency companies.
Key Milestones
The plan consists of several key milestones that are set to conclude by December 2025.
**July 2025:** Complete token distribution and stakeholder communication.
**August 2025:** Conduct voting on strategic directions.
**August-September 2025:** Restructure tokens and upgrade to meet SEC requirements.
**September-October 2025:** Acquire a bank and submit SEC paperwork.
**November-December 2025:** Await SEC approval and launch banking services.
Goals and Rationale
The strategy aims to achieve SEC compliance, establish the financial institution Maya Union, and enhance market position.
The company strives to be the first SEC-approved token increasing investor trust and client reliability. The rationale includes integrating with traditional financial systems following Jerome Powell's historic announcement.
Contingency Plan
In the event the vote favors maintaining the current retirement plan, the company will continue to seek bank partnerships.
If SEC approval is delayed, Maya Preferred PRA will pursue operationalizing the bank and exchange listings. Risks related to legal, technical, and market aspects will be minimized through expert involvement and regular updates for stakeholders.
Maya Preferred PRA's plan aims for rapid adaptation to changing market conditions and the integration of cryptocurrencies into traditional banking systems, targeting strategic leadership by the end of 2025.
