SEC approves BSTX for blockchain settlements on traditional markets By Cointelegraph

The Boston Safety Token Trade (BSTX), a brand new facility of the Boston-based BOX change, obtained regulatory approval from america Securities and Trade Fee (SEC) to function as a blockchain-based securities change.

BSTX was launched collectively by BOX and Overstock’s blockchain arm tZERO, initially in search of approval for launching publicly-traded registered safety tokens. Nonetheless, the SEC approval to function as a nationwide securities change permits BSTX to make use of blockchain know-how for sooner settlements in conventional markets. In accordance to the SEC,