El Salvador, seeking cooperation in the digital asset space, has proposed the United States to create a joint experimental platform for asset tokenization. The initiative, launched by the National Commission for Digital Assets of El Salvador (CNAD), envisages the creation of a “crypto sandbox” jointly with the SEC (US Securities and Exchange Commission). Within this platform, regulators from both countries will be able to observe the development and application of projects using blockchain and tokenization in a controlled environment.

El Salvador’s proposal includes the launch of two pilot programs. One is dedicated to the tokenization of real estate, allowing investors to invest up to $10,000 in real estate-related tokens. The other program aims to raise capital for small businesses through tokenized shares. The main goal is to determine whether U.S. crowdfunding laws are applicable to blockchain projects.

Both initiatives are aimed at creating clear regulations in the field of cryptocurrencies and protecting the interests of investors. El Salvador is ready to share its experience in the use of digital assets, in particular, the experience of recognizing Bitcoin as legal tender. Previously, SEC Commissioner Esther Peirce spoke out in favor of the need for international experiments in the field of cryptocurrencies, which makes this proposal promising.