If tank water is too soft or acidic, a bit of calcium carbonate is helpful. The problem with using a substrate containing shells is that there can be a LOT of calcium carbonate released into the water, and as a result, the pH and alkalinity are "maxed out". The resulting pH could be higher than the ideal (>8). This situation may be OK for the axolotl for a while, but the keeper may be unaware that the pH in their tank and the pH of their source water are very different. They could easily kill the axolotl by transferring it abruptly into clean water. And if they do a large water change, there could be large pH 'swings' in the tank. And if they have an ammonia spike in the tank, the ammonia is more toxic at high pH, so that's another potential problem.
Thus, I agree with Kaysie's advise to avoid marine sand. It COULD be used, but it could also cause serious problems if the keeper is not carefully monitoring pH.
Regarding "color sand", it may be OK, it depends on what it is made of. Personally, I wouldn't use it unless it also says that it's safe for freshwater tanks.