SEC Postpones Decision on Overstock-Affiliated Security Token Exchange
Source Node:
https://cointelegraph.com/news/sec-postpones-decision-on-overstock-affiliated-security-token-exchange
The United States Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange (BSTX).In a letter published on April 1, the regulator postponed the current April 2 deadline in light of responses to a recent proposed rule change to BSTX’s original filing.The proposed exchangeBSTX is a project for a regulated security token exchange platform that would be jointly owned by Box Digital Markets and Overstock’s blockchain arm tZERO. As the SEC summarizes in its April