Barbados Stock Exchange to begin crypto-trading
The Barbados Stock Exchange (BSE) will join the blockchain revolution by opening up a market for crypto-assets soon, BSE Managing Director Marlon Yarde has revealed. The stock exchange is anticipating regulatory approval for the trade in securitized digital tokens, while proceeding on a three-prong plan to boost the exchange’s global profile, he said. Crypto-asset is the umbrella term for a digital asset or token which uses cryptography, peer-to-peer networking, and a public ledger to regulate the creation of new units, verify
transactions, and secure the transactions without a middleman’s intervention. “With the onset of [the] tokenization revolution, the BSE is focused on facilitating and trading of those securitized tokens.”