Express
Blockstack PBC's STX May Be Available For Trading By U.S. investors Early Next Year
Summary: According to Reuters, Muneeb Ali, co-founder and CEO of the distributed computing network Blockstack PBC, stated that with the release of Stacks Blockchain 2.0 on January 14, 2021, the company’s network will no longer be controlled by any single entity. Under SEC regulations, Ali believed that its tokens Stacks (STX) will no longer be considered ...
According to Reuters, Muneeb Ali, co-founder and CEO of the distributed computing network Blockstack PBC, stated that with the release of Stacks Blockchain 2.0 on January 14, 2021, the company’s network will no longer be controlled by any single entity. Under SEC regulations, Ali believed that its tokens Stacks (STX) will no longer be considered as a security and can be traded by American investors on the U.S. digital asset exchange. STX is currently traded on exchanges outside the United States, Bitpush data shows the market cap has surpassed $240 million at the time of writing.
By Mary Liu
Tags: Blockstack PBC,Muneeb Ali,SEC,Stacks,STX
Link: Blockstack PBC's STX May Be Available For Trading By U.S. investors Early Next Year [Copy]
