El Salvador Proposes Cross-Border Crypto Sandbox to SEC for Regulatory Insights

El Salvador’s National Commission on Digital Assets (CNAD) has proposed a cross-border crypto regulatory sandbox to the U.S. Securities and Exchange Commission (SEC). The proposal, detailed in SEC Crypto Task Force meeting minutes from April 22, aims to provide real-time data and insights into regulated digital asset activity within El Salvador’s evolving digital asset ecosystem. The sandbox would allow both US and Salvadoran regulators to observe small-scale tokenization projects under El Salvador’s established regulatory framework.