US SEC Partners with El Salvador’s CNAD to Launch Regulatory Sandbox

The U.S. Securities and Exchange Commission (SEC) has initiated discussions with El Salvador’s National Commission of Digital Assets (CNAD) to establish a cross-border regulatory framework for digital assets. This initiative aims to improve oversight of emerging blockchain technologies, particularly tokenization, through a pilot program. 🤯 The SEC intends to create a regulatory sandbox for testing new digital asset models in a controlled environment before widespread implementation. This will allow regulators to monitor and assess potential risks and benefits of these technologies.