The Boston Security Token Exchange or BSTX, a brand new BOX-based exchange in Boston, was granted regulatory approval by the United States Securities and Exchange Commission. It will operate as a crypto-based securities exchange.

BSTX was launched jointly by BOX and Overstock’s blockchain arm tZERO, originally seeking Approval for the launch of publicly traded registered security tokens. BSTX can use the blockchain technology to speed up settlements in traditional markets thanks to its approval by SEC. AccordingAccording to the SEC