埃爾·薩爾瓦多（El Salvador）與美國SEC提出了一個跨境加密沙箱，以測試新規則。

兩個試點項目將通過薩爾瓦多的數字股票測試房地產代幣和籌款。

El Salvador's proposal to the U.S. SEC for a cross-border crypto sandbox was met with interest but no immediate commitment from the regulator, according to a report by Law360 on April 24.

根據Law360於4月24日的一份報告，薩爾瓦多對美國SEC提出的關於跨境加密沙箱的提議卻引起了人們的興趣，但沒有立即承諾。

The proposal was presented during a meeting on April 22, which included representatives from El Salvador's National Commission on Digital Assets (CNAD), U.S. law firm Perkins Law, and former Goldman Sachs partner Heather Shemilt. Together, they pitched the idea of a cross-border sandbox to test new crypto projects and develop joint regulatory frameworks.

該提案是在4月22日的一次會議上提出的，其中包括薩爾瓦多國家數字資產委員會（CNAD），美國律師事務所珀金斯法律和前高盛合作夥伴希瑟·希米爾特（Heather Shemilt Shemilt）的代表。他們共同提出了一個跨境沙箱的想法，以測試新的加密項目並開發聯合監管框架。

The proposal focused on two small-scale pilot programs that could be launched quickly. The first program would involve a U.S.-licensed real estate broker obtaining a special license in El Salvador to sell small shares of commercial real estate, with each investor limited to a maximum of $10,000 in unrated units. This program would test the cross-border trading of real estate tokens and experiment with different approaches to classifying them—either as regular securities or a new class of digital assets.

該提案重點介紹了兩個可以迅速啟動的小型試點計劃。第一個計劃將涉及一家經美國許可的房地產經紀人在薩爾瓦多獲得特殊許可證，以出售商業房地產的小股份，每個投資者都限於最高10,000美元的未標准單位。該計劃將測試房地產代幣的跨境交易，並嘗試採用不同的方法進行分類，即定期證券或新的數字資產。

The second pilot project would enable a small business in El Salvador to raise funds through the sale of digital shares to U.S. employees of the business, again with a cap of $10,000 per investor. This project would examine the intersection of U.S. crowdfunding rules and this new type of tokenized fundraising.

第二個試點項目將使薩爾瓦多的一家小型企業能夠通過向美國企業員工出售數字股票來籌集資金，同樣，每個投資者的上限為10,000美元。該項目將研究美國眾籌規則的交集以及這種新型的令牌化籌款活動。

This initiative aligns with previous statements by SEC Commissioner Hester Peirce, who has advocated for cross-border cooperation and a willingness to experiment with new regulatory models for crypto. El Salvador has been at the forefront of testing new digital tools and has already developed a framework for managing risk in the crypto ecosystem.

該計劃與SEC專員Hester Peirce先前的陳述保持一致，後者倡導跨境合作，並願意嘗試加密的新監管模型。埃爾·薩爾瓦多（El Salvador）一直處於測試新數字工具的最前沿，並且已經開發了一個用於管理加密生態系統風險的框架。

However, despite El Salvador's efforts to foster a vibrant ecosystem for crypto startups and projects, recent data from the Central Reserve Bank indicate a decline in the use of Bitcoin in the country. Only 20 Bitcoin service firms are still operating, down from 181 when Bitcoin became legal tender in 2021. Currently, El Salvador's bitcoin holdings are valued at $6,089, while the government continues to pursue high-tech projects, such as Bitcoin City Airport and new AI partnerships with Israel.

但是，儘管薩爾瓦多（El Salvador）努力促進加密初創公司和項目的充滿活力的生態系統，但中央儲備銀行的最新數據表明，該國使用比特幣的使用率下降。只有20家比特幣服務公司仍在運營，低於181位比特幣在2021年成為法定貨幣。目前，薩爾瓦多的比特幣持有量為6,089美元，而政府繼續從事高科技項目，例如比特幣城市機場和與以色列的新AI合作夥伴。

If the SEC grants approval for the sandbox plan, it could serve as a testing ground for developing clearer and more effective crypto regulations. This collaboration could also pave the way for closer cooperation between the U.S. and El Salvador in exploring new frontiers of digital money.

如果SEC批准了沙箱計劃，則可以作為製定更清晰，更有效的加密法規的測試場。這項合作還可以為美國與薩爾瓦多之間在探索新的數字資金邊界的緊密合作鋪平道路。