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Follow on Google News | ![]() Moving Security Tokens Forward by Formal Registration with Traditional BanksBy: FIAT Exchange All this success may be due to the fact that STOs are a very much more regulated compared to its predecessors, the ICOs, etc. which have largely died off for the fundraising sector since the 2017 boom. A direct result of government bodies putting their foot down and stepping up for the law. However, it would be greatly important to note that STOs have actually not yet even had such a boom as the ICOs did in 2017, which means it may still happen in the near future. As they are taking a more regulated approach, STOs are more likely to sell due to their origin — asset backed tokenized securities. Going back to the topic at hand, the Bank of France registration is a very important key component as this shows that Blockpulse's registration with ACPR Banque de France allows them for the potential concerning specifically the Euro. This registration gives Blockpulse the legal capability to manage euro payment for issuances, and transfers and all other financial instruments. A limiting factor in all this is that Blockpulse is only available to French token issuers for now. Yet that's not to say that investors from other locations can't participate in sales, but it all still depends on pending regulatory restrictions. It's also noteworthy to state that they seem to already have concrete plans to expand in the European Union through Benelux and Spain. All in all, tokenized securities is definitely a logical intersection of blockchain and finance, even with all the odds stacked against them. But while the concept has yet to grow into fruition and boom like ICOs did in 2017, it's safe to say that it's on its way there and who wouldn't want to be on that train when it arrives to its final, and hopefully much more successful, destination. Stay updated with our latest news: Website: https://www.fiatxs.com/ Facebook: https://www.facebook.com/ Twitter: https://twitter.com/ Medium: https://medium.com/ LinkedIn: https://www.linkedin.com/ End
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