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This week, America’s first blockchain-based stock exchange received authorized authorization Securities and Exchange. Mu a The SEC was posted on its page Thursday evening, it said (BSTX) can use nascent technology to provide a fast-paced trading platform. Compared to a traditional exchange that usually takes two days to complete a transaction, BSTX will provide accommodation on the same day and the next day. It will also use the secret blockchain to provide market feeds that will allow members to view their businesses, as well as others, anonymously.
What it does not offer to members is the opportunity to sell digital tokens, meaning it is not a new place to buy and sell cryptocurrencies and other real things. Jay Fraser, director of BSTX, said This change is intended to allow the sale of tokens in the future. BSTX planned to focus more on security, but the SEC rejected the plans in the first instance. However, Fraser said his goal is to make the exchange even more visible Coinbase than anything like NASDAQ or NYSE. Until then, BSTX will operate as a traditional exchange when it opens before the second half of the year.
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