Today, we’re announcing that Coinbase is on track to operate a regulated broker-dealer, pending approval by federal authorities. If approved, Coinbase will soon be capable of offering blockchain-based securities, under the oversight of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (Finra).
your thoughts on it?
let the gold rush continue. the shovel salesmen are all setting up shop now!
![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
this is what patrick byrne is trying to do with overstock's subsidiary, tZero.
in q3 last year, patrick byrne said tZero would be the first digital securities exchange in compliance with SEC and FINRA guidelines.
looks like coinbase and circle are both trying to beat them to the punch.
this all tells me one thing: people saying ICOs are gonna die out have got it backwards. i think byrne is right---tokenization of securities on decentralized p2p platforms is only going to get more prevalent with time. ICOs are just the beginning.