SEC Proposes Cross-Border Regulatory Sandbox Collaboration for Digital Assets

The SEC’s Crypto Assets Special Working Group recently unveiled a proposal from Perkin Law Firm, El Salvador’s National Digital Assets Commission (CNAD), and former Goldman Sachs partner Heather Shemilt. This initiative proposes a cross-border regulatory sandbox collaboration designed to drive innovation in the digital asset sector. This partnership would allow the SEC to collaborate with international regulatory bodies using real-world data to better develop and refine the U.S. digital asset regulatory framework.