📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
SEC and Bitcoin Country El Salvador Came Together: A New Chapter May Open in Cryptocurrencies! - Coin Bulletin
El Salvador proposed a cross-border crypto sandbox model to the SEC, the financial regulator of the USA, which includes a two-phase tokenization experiment.
A new chapter may open regarding crypto regulations. The (SEC) Crypto Task Force of the U.S. Securities and Exchange Commission, El Salvador's digital asset regulator CNAD, Perkins Law Firm, and former Goldman Sachs partner Heather Shemilt came together for a cross-border regulatory testing environment (sandbox).
El Salvador's digital asset regulator CNAD proposed to establish a cross-border sandbox for token-based next-generation financial experiments (testing environment) in collaboration with the SEC. The proposal was prepared with contributions from Perkin Law Office and former Goldman Sachs partner Heather Shemilt.
Under the two-step pilot program, a US-licensed broker will conduct real estate tokenization tests by obtaining a digital asset license in El Salvador. In another scenario, a small Salvadoran business will raise a maximum of $10,000 in capital through tokenized stock issuance. Through these experiments, important topics such as whether tokens will be considered securities, custody solutions, and investor protection mechanisms will be tested in real time.
Real estate tokenization will be the first field trial
The first phase of the project focuses on the real estate market in El Salvador. Through tokens, investors will be able to invest in real estate fractionally. This system will allow small investors to access large projects as well. The trial will also shed light on critical issues such as secondary market operations and investor security.
Tokenization capital increase test will be conducted
In the second phase, a venture will carry out small-scale funding through tokenized shares. This method will demonstrate the extent to which the SEC's traditional crowdfunding rules are in compliance.
This pilot program serves as a preliminary study for the SEC to develop more flexible and innovative regulations. If accepted, it could be a turning point in crypto regulations between the US and El Salvador.