SEC Unveils Cross-Border Regulatory Sandbox for Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) recently collaborated with Perkin Law Firm, representatives from El Salvador’s National Digital Assets Commission (CNAD), and former Goldman Sachs partner Heather Shemilt to develop a pioneering regulatory sandbox initiative for cryptocurrencies. This innovative program aims to streamline the oversight of digital assets by providing real-world testing grounds for cryptocurrency applications under dual regulatory supervision.