The US Securities and Exchange Commission (SEC)’s crypto task force has met with officials from El Salvador’s National Commission on Digital Assets (CNAD) to explore potential collaboration on crypto regulations. This follows a recent meeting where the SEC’s representatives, including former Goldman Sachs partner Heather Shemilt, discussed cross-border regulation between the US and El Salvador. 🌎 🇺🇸 The discussion focused on establishing a pilot program, capped at $10,000 per scenario, which would allow US brokers to obtain digital asset licenses in El Salvador and issue non-securities tokens in collaboration with local companies. 📈 🤝 💰. This initiative comes amidst increased scrutiny of the relationship between the US and El Salvador, particularly regarding immigration policies. The current political landscape has been heavily affected by deportations of individuals who lack legal status to reside in the United States, which have faced legal challenges from federal judges. ⚖️ Recent interactions between President Bukele of El Salvador and former US President Donald Trump highlight the ongoing complexities surrounding this issue. 💼