埃尔·萨尔瓦多（El Salvador）与美国SEC提出了一个跨境加密沙箱，以测试新规则。

两个试点项目将通过萨尔瓦多的数字股票测试房地产代币和筹款。

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.

根据Law360于4月24日的一份报告，萨尔瓦多对美国SEC提出的关于跨境加密沙箱的提议却引起了人们的兴趣，但没有立即承诺。

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.

该提案是在4月22日的一次会议上提出的，其中包括萨尔瓦多国家数字资产委员会（CNAD），美国律师事务所珀金斯法律和前高盛合作伙伴希瑟·希米尔特（Heather Shemilt Shemilt）的代表。他们共同提出了一个跨境沙箱的想法，以测试新的加密项目并开发联合监管框架。

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.

该提案重点介绍了两个可以迅速启动的小型试点计划。第一个计划将涉及一家经美国许可的房地产经纪人在萨尔瓦多获得特殊许可证，以出售商业房地产的小股份，每个投资者都限于最高10,000美元的未标准单位。该计划将测试房地产代币的跨境交易，并尝试采用不同的方法进行分类，即定期证券或新的数字资产。

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.

第二个试点项目将使萨尔瓦多的一家小型企业能够通过向美国企业员工出售数字股票来筹集资金，同样，每个投资者的上限为10,000美元。该项目将研究美国众筹规则的交集以及这种新型的令牌化筹款活动。

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.

该计划与SEC专员Hester Peirce先前的陈述保持一致，后者倡导跨境合作，并愿意尝试加密的新监管模型。埃尔·萨尔瓦多（El Salvador）一直处于测试新数字工具的最前沿，并且已经开发了一个用于管理加密生态系统风险的框架。

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，尽管萨尔瓦多（El Salvador）努力促进加密初创公司和项目的充满活力的生态系统，但中央储备银行的最新数据表明，该国使用比特币的使用率下降。只有20家比特币服务公司仍在运营，低于181位比特币在2021年成为法定货币。目前，萨尔瓦多的比特币持有量为6,089美元，而政府继续从事高科技项目，例如比特币城市机场和与以色列的新AI合作伙伴。

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批准了沙箱计划，则可以作为制定更清晰，更有效的加密法规的测试场。这项合作还可以为美国与萨尔瓦多之间在探索新的数字资金边界的紧密合作铺平道路。