EL SALVADOR Trends and Developments
Trends and Developments Contributed by: Héctor Torres, Annette Herrera and Daniel Leiva Torres Legal
Torres Legal is El Salvador’s leading firm for block- chain, digital assets and crypto-regulated finance, with a team of more than 35 professionals advising issuers, platforms, investors and global technology companies. Headquartered in San Salvador, the firm serves both domestic clients and international pro- jects launched from El Salvador with global reach. Its practice combines legal, regulatory, tax, corporate, securities, fintech, banking, AML and capital mar- kets expertise, providing an integrated solution for
tokenised offerings, stablecoins, digital asset service providers, investment funds, RWAs and cross-border transactions. Torres Legal has advised on many of the country’s most significant digital asset matters, including public and private tokenised issuances, stablecoin registrations, exchange and platform mat- ters, and regulatory interactions with CNAD. Recent work includes advising leading global industry par- ticipants using El Salvador as a strategic jurisdiction for worldwide digital asset projects. role in supporting companies, investors and family- owned businesses in strategic transactions, restructurings and governance matters. She holds an LLM from Cornell University and is admitted to the New York Bar, bringing an international perspective to legal work originating in El Salvador and connected to global markets.
Authors
Héctor Torres is an investor, business leader and lawyer with strong experience in finance, technology and corporate law. As founder of Torres Legal and TR Capital, he has led innovative work in fintech, digital
assets, alternative financing and tokenisation. He has advised global clients, including projects connected to ultra high net worth individuals, and has participated in digital asset issuances exceeding USD185 billion and real-world asset tokenisation projects above USD400 million. A Forbes Finance Council member and international speaker, Héctor has studied at Oxford, ESADE, INCAE and IE Business School, combining legal, financial and strategic vision.
Daniel Leiva is a partner at Torres Legal and a key member of the firm’s fintech and digital assets practice. He advises clients on regulatory, transactional and operational matters involving fintech companies, crypto
businesses, tokenisation projects and financial technology structures. Daniel works closely with issuers, platforms, entrepreneurs and international companies entering or expanding in El Salvador’s digital asset ecosystem. His practice combines corporate law, financial regulation and practical business execution, allowing him to support clients from initial structuring to implementation. He is part of the team positioning Torres Legal as a leading regional firm for fintech and blockchain-related matters.
Annette Herrera is a partner at Torres Legal, where she leads the firm’s banking and finance, M&A and corporate transactions practice. She has extensive experience in advising local and international clients on
cross-border transactions, corporate governance, financial structuring, regulatory matters and complex commercial operations. Annette has played a key
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