SEC Crypto Task Force Explores Cross-Border Regulation With El Salvador

The SEC’s Crypto Task Force is teaming up with El Salvador to launch two pilot programs, each with a budget under $10,000. A U.S. broker will work alongside a Salvadoran tokenization company to deliver insights on regulatory priorities, signaling a rare cross-border collaboration in the digital asset space. During recent talks between the SEC and El Salvador’s National Digital Assets Commission (CNAD), officials highlighted a ’cross-border sandbox’ as a key initiative—a move designed to test efficient regulatory frameworks for cryptocurrencies. The effort underscores a growing push to harmonize oversight while fostering innovation in volatile markets. ’This isn’t just about rules; it’s about creating a playbook for global crypto regulation,’ one insider noted.