The SEC supports BSTX by Cointelegraph for traditional blockchain settlements in traditional markets

The Boston Security Token Exchange (BSTX), a new Boston-based BOX exchange facility, received regulatory approval from the U.S. Securities and Exchange Commission (SEC) to operate as a blockchain-based securities exchange.

BSTX BOX and Overstock’s blockchain tZERO arms were launched together, which was originally what they were looking for. approval to launch publicly traded security tokens. However, the SEC’s recognition of its role as a national stock exchange allows BSTX to use blockchain technology for faster settlements in traditional markets. according to SECri,