El Salvador Proposes Crypto Sandbox to SEC in Bold Cross-Border Move – Is Bitcoin In? 🇸🇻
El Salvador is making bold moves in the crypto space by engaging with the U.S. Securities and Exchange Commission (SEC). The Central American nation proposed a cross-border crypto sandbox on April 22, which could pave the way for innovative crypto regulations between El Salvador and the U.S.
The idea behind the sandbox is to create an environment where new regulatory frameworks for cryptocurrencies can be tested. This development raises the question of whether Bitcoin, already legal tender in El Salvador, will be a significant part of this initiative.
