Compliance Champions: Perspectives from El Salvador with the CNAD

In this episode of the Compliance Champions series, we speak with César Alejandro Córdova, Director at the National Commission of Digital Assets (CNAD) in El Salvador. Since joining the CNAD in 2023, César has played a pivotal role in building the regulator from the ground up, literally, from a boardroom startup to a globally watched digital asset watchdog.

Host Delphine Forma, Head of Policy Europe at Solidus Labs, explores how El Salvador is pioneering a regulatory approach rooted in innovation, high standards, and ecosystem collaboration. Together, they discuss the licensing process for VASPs, the role of tokenization in driving new forms of finance, how market integrity is enforced, and what regulators worldwide can learn from El Salvador’s bold approach to digital assets.