Скачать или смотреть El Salvador Pitches $10K Cross-Border Crypto Sandbox to SEC for

El Salvador

SEC

Last updated: April 23, 2025

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Hongji Feng

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Hongji Feng

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Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

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April 23, 2025 at 21:47 GMT+3

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Key Takeaways:

U.S. and Salvadoran officials discussed a cross-border regulatory sandbox focused on tokenization.

The effort is meant to provide U.S. regulators with real-world data on token classification and broker-dealer roles.

El Salvador’s digital asset agency would oversee the pilots, drawing on its existing tokenization framework.

The U.S. Securities and Exchange Commission’s Crypto Task Force met on April 22 with representatives from the El Salvador National Commission on Digital Assets (CNAD), Perkin Law Firm, and retired Goldman Sachs partner Heather Shemilt.

According to a memorandum summarizing the discussion, the meeting focused on a proposal to establish a cross-border sandbox for digital assets, with El Salvador offering its regulatory infrastructure as a testing ground.

Live Sandbox Targets Real Estate and Capital Markets.

The project would involve a U.S.-licensed broker working with a Salvadoran tokenization firm on two small-scale pilots: one for real estate tokenization and another for token-based capital...

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