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SEC Approves Overstock Plan To Issue Stocks Via The Blockchain
« on: December 16, 2015, 07:03:53 AM »
SEC Approves Overstock Plan To Issue Stocks Via The Blockchain

The Securities and Exchange Commission (SEC) has approved Overstock.comā€™s plan to issue company stock via a blockchain-based technology, according to Wired. OverstockĀ has already used the block chain to issue private bonds, which do not require regulatory approval. The SEC has approved an amended Form S-3 which would enable the company to issue securities using block-chain-based technology. Patrick Byrne, CEO of Overstock, was to announce the news at a San Francisco, Calif. bitcoin conference Tuesday evening. Byrne told Wired the date of issuing a public security on the blockchain is high on its priorities in 2016, but he did not say […]


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