SEC Gave Green Light To BSTX For Blockchain Settlement.
SEC Gave Green Light To BSTX For Blockchain Settlement in the traditional market. The BSTX, a new facility of BOX has got regulatory permission to operate as a blockchain-based security exchange.
According to the latest updates finally, the United States and exchange commission (SEC) gave the green light to BSTX to work as a blockchain-based securities exchange.
The Boston Security Token Exchange(BSTX) is a new facility of Boston-based BOX exchange. It was a joint venture of tZERO and BOX digital which took place in June.2018. To establish the first- blockchain blended national security exchange.
Further, BSTX looking for permission for starting publicly-traded registered security tokens. So, this permission by SECenables BSTX to utilize the latest blockchain tech for faster settlements in traditional markets.
Word By SEC:
As per SEC,