STOs are a large group of companies licensed by the OSL industry.

2020-8-26 01:46
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According to a Securities Times article on August 26, a news outlet said that the most important future business activity for the OSL trading platform, which is about to be approved, will be STOs. Previously, the Hong Kong Securities Regulatory Commission legally approved OSL, an organization of the BC Technology Group, for licensing a virtual asset trading platform.

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The Economist: The current regulation of the STO does not keep up with the rapid development of blockchain technology.
According to the Securities Daily of August 26, Zheng Lei, chief financial officer of Baoxin Financial in Hong Kong, said that security tokens are the key to security in the form of blockchain tokens and that they do not impose any restrictions on investors. and businesses. Such as customers or services. Depending on the type of security, advertising and distribution should be subject to control in accordance with the provisions of law, regulations and administrative regulations. Whether it's an electronic device or a symbol of security, it's the technology and devices outside the network that really need more attention. Although some countries and large financial institutions have started to use STOs, STOs are still in the early stages of development, and oversight in this area is still neglected and cannot be regulated by the rapid installation of blockchain technology.
2020-8-26 01:46