El Salvador & U.S. Launch Cross-Border Crypto Regulatory Sandbox

A pioneering collaboration between El Salvador’s National Commission for Digital Assets (CNAD) and the U.S. Securities and Exchange Commission (SEC) has launched a cross-border crypto regulatory sandbox. This initiative, announced on April 26, 2025, aims to enhance digital asset regulation frameworks and stimulate innovation in the burgeoning cryptocurrency market. The pilot program will focus on tokenized real estate projects and represents a significant step forward in international collaboration on crypto regulations.