Regulatory Alerts2025-01-14 | 10458CNAD Annual Report 2023-2024: From Zero to Global Leaders in the Digital Assets Industry
The National Commission of Digital Assets (CNAD) of El Salvador issued its 2023-2024 Annual Report detailing its establishment of a pioneering regulatory framework that ranks second globally and first in the Americas for cryptocurrency oversight. The document highlights the successful defense of El Salvador during the GAFILAT mutual evaluation, the attraction of major industry players like Tether and Binance, and the approval of $5 billion in real-world asset tokenizations. CNAD emphasizes its commitment to risk-based supervision, international collaboration, and the development of a highly skilled workforce to maintain its position as a global leader in digital asset regulation.
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