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The Securities and Exchange Commission (SEC) has approved Overstock.comās 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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