The US Securities and Exchange Commission (SEC) is investigating a cross-border approach to Digital Assets Supervision through discussions at an early stage with El Salvador’s National Commission of Digital Assets (CNAD).
According to the Memo of the meeting, the SEC is considering launching a regulating sandbox to test token risation models under Real-World circumstances.
The SEC emphasized CNAD’s success in managing different tokenisation scenarios, ranging from debt instruments to fractional property of real estate and lease contracts. The agency believes that analyzing real estate agentization within this regulatory sandbox could generate important insights into the safe and effective scaling of the market.
Tokenization pilot programs
The memo outlines two potential pilot programs with which the SEC Hands-on data can collect to refine its digital asset regulations.
These initiatives are also designed to reduce the accession threshold for smaller participants, with estimated costs to be put down to $ 10,000 per pilot.
The first pilot is an American real estate agent who cooperates with a Salvadoran tuckization company. The plan would enable the American company to acquire and keep the local property locally owned.
The second project is investigating Token-based fundraising for a small company in collaboration with a broker and CNAD licensed by the US.
Both initiatives are designed to give the SEC insight into token issue, digital asset guardianship, roles-dealer roles and offering structures. The goal is to stress the proposed policy and to observe how they perform in live scenarios between the borders.
The sec wrote:
“The use of Commissioner Peirce’s Roadmap, our expert team will provide real -time, practical insights into regulatory frameworks that promote innovation and at the same time guarantee the safety of investors.”
Our crypto policy
This cross-border initiative reflects broader shifts in the US crypto policy after the start of the new term of the Trump administration.
Since then, the SEC has adopted a more crypto-friendly position, including the revision of outdated regulations and the drop of some enforcement actions that previously hinded innovation.
In addition, the committee has launched a series of crypto -policy -tour tables to identify gaps in existing regulations, in particular in areas such as Asset Custody and Broker Oversight.
Market observers said that this evolving approach means the willingness to adjust the American regulations to the reality of the worldwide market for digital assets.