SEC and El Salvador Propose Cross-Border Crypto Regulatory Sandbox
The U.S. Securities and Exchange Commission (SEC) and El Salvador’s National Commission of Digital Assets (CNAD) are advancing a collaborative regulatory sandbox initiative. The program aims to test crypto oversight frameworks through two low-cost pilot projects, each budgeted under $10,000. These trials will explore tokenization applications in real estate and capital formation.
The partnership signals growing institutional recognition of blockchain’s potential. By bridging U.S. and Salvadoran entities, the sandbox could shape future regulatory approaches to digital assets. market observers note the initiative’s timing coincides with increasing global competition in crypto policy innovation.