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According to a memorandum released by the U.S. Securities and Exchange Commission (SEC) Crypto Assets Special Task Force on April 22, 2025, Perkin Law Firm, the National Digital Asset Commission of El Salvador (CNAD), and former Goldman Sachs partner Heather Shemilt submitted a cross-border regulatory sandbox cooperation proposal to the SEC. The aim is to promote regulatory innovation in the digital asset field. The proposal provides the SEC with an opportunity to collaborate with international regulatory bodies, supported by practical data, to formulate and enhance the U.S. digital asset regulatory framework.

According to a report by DL News, the price of Bitcoin surged above $94,000 on Wednesday, and some analysts believe this indicates a change in how investors value the asset. Gautam Chhugani, an analyst at brokerage firm Bernstein, stated in a report to clients: "In all my time studying cryptocurrencies, this is the best Bitcoin price performance I have witnessed. At times like this, it's hard not to invest in cryptocurrencies. Bitcoin has shown relative resilience during the Nasdaq index decline, and it has rebounded more after the Nasdaq rallied. Investors may now see Bitcoin more as a non-sovereign store of value and as a tool to hedge against geopolitical uncertainties, policy errors, and currency depreciation.