US SEC and El Salvador’s CNAD Collaborate on Tokenization Trials
The US Securities and Exchange Commission is engaging in preliminary discussions with El Salvador’s National Commission of Digital Assets to explore cross-border digital asset oversight. A regulatory sandbox is under consideration to test tokenization models in real-world scenarios.
El Salvador’s CNAD has demonstrated proficiency in managing diverse tokenized assets, including debt instruments and fractional property ownership. The SEC views real estate tokenization as a critical area for study, potentially unlocking scalable market solutions.
Two pilot programs are being drafted to collect operational data. These initiatives aim to refine the SEC’s approach to digital asset regulation while leveraging CNAD’s pioneering experience in Bitcoin adoption.
