The U.S. SEC Crypto Task Force met with Perkin Law Firm, El Salvador’s CNAD, and former Goldman Sachs partner Heather Shemilt to discuss a proposed cross-border regulatory sandbox. The proposal includes two pilot scenarios: (1) a U.S.-licensed broker obtaining a digital asset
What happens when the first licensed platform in El Salvador talks tokenisation, RWA, and Bitcoin-based T-bills? @KnutsonJesse from @BFXSecurities gave us a masterclass at Plan B 🇸🇻, sharing what’s working, what’s next, and how El Salvador is moving wit… https://t.co/vdOiy4zuTo
What happens when the first licensed platform in El Salvador talks tokenisation, RWA, and Bitcoin-based T-bills? @KnutsonJesse from @BFXSecurities gave us a masterclass at Plan B 🇸🇻, sharing what’s working, what’s next, and how El Salvador is moving with intent. https://t.co/URxBK04Vg0
Bitfinex executives are scheduled to speak at the Plan B World 2025 (PBW2025) conference in Panama, focusing on how Latin American (LATAM) institutions can access global markets through innovation, security, and liquidity in digital finance. The event will feature Bitfinex Business Developer Fabian joining a panel to discuss the reshaping of the global economy by digital assets and LATAM's leading role in this shift. Meanwhile, El Salvador has proposed a crypto regulatory sandbox to the U.S. Securities and Exchange Commission (SEC), aiming to allow U.S. regulators to observe real-world tokenization pilots in the country. This initiative is backed by the National Association of Digital Assets (CNAD) and former Goldman Sachs executives. The proposal includes two pilot scenarios, such as a U.S.-licensed broker obtaining a digital asset license, designed to inform SEC policy with live data without imposing regulatory overreach. Jesse Knutson from BFX Securities, the first licensed platform in El Salvador, provided insights on tokenization, real-world assets (RWA), and Bitcoin-based Treasury bills at the Plan B conference, highlighting El Salvador's proactive approach in the digital asset space. The U.S. SEC Crypto Task Force has engaged with Perkin Law Firm, CNAD, and Heather Shemilt, a former Goldman Sachs partner, to discuss the cross-border regulatory sandbox proposal.