SEC, El Salvador Launch Crypto Sandbox Pilot Program

SEC, El Salvador Launch Crypto Sandbox Pilot Program
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The SEC and El Salvador’s National Commission on Digital Assets (CNAD) have agreed to a collaborative sandbox pilot program. This initiative aims to foster cross-border crypto regulation and innovation.

  • The SEC and El Salvador's CNAD agreed to a $10,000-capped sandbox pilot for cross-border crypto regulation.
  • US-licensed brokers may soon obtain digital asset licenses in El Salvador to issue 'non-securities' tokens.
  • The meeting highlights growing regulatory collaboration amid strained US-El Salvador relations over immigration.
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