After PLUS TOKEN has successively landed in Hong Kong, China, Jeju Island, South Korea, Geneva of Switzerland and Harvard University in the United States conducted technical discussions and exchanges, LUS TOKEN arrived at the (WBF) Global Blockchain Summit – New York Station according to appointment and discussed with a number of blockchain entrepreneurs and Wall Street elites about supervisory policies of different countries, the development of blockchains in different regions, and the development trend of future blockchains, especially about the current hotspot of STO. How to effectively use of STO in a better way, to service blockchain entrepreneurs, and to create better value is the purpose of PLUS TOKEN’s US trip.
What is STO? The full name of STO is Security Token Offering, which is the issuance of securities-type certificates. The US Securities and Exchange Commission (SEC) divides cryptocurrencies into two categories, namely, Utility Token and Security Token. STO belongs to the second one. STO usually needs to be supervised and protected by relevant local agencies, while the issuing institution will be bound by laws and regulations. And the relevant tokens need to be registered with the CSRC and comply with various provisions of the securities law, which provides a certain degree of protection for the investors.
PLUS TOKEN has been paying attention to this field for a long time. So, what does PLUS TOKEN do to do well in STO?
As for products, PLUS TOKEN launched a comprehensive transformation and upgrade: it introduces the STO section and achieves the purpose of guiding, regulating and helping the world’s excellent blockchain project for financing through the platform to issue stable currency; it improves its trading attributes and opens multiple trading pairs in the currency trading area so as to let the user’s digital assets be freely circulated on PLUS TOKEN; it opens a stable currency channel, and preferentially opens a legal currency trading channel in some countries which allow digital currency trading. PLUS will be designated as the only legal currency transaction tentatively, and high-level users of the platform can apply to become an acceptance dealer.
The layout of PLUS TOKEN is in Jeju Island, South Korea and Singapore, and it will actively cooperate and communicate with local governments and entrepreneurs to learn advanced industry experience continuously and improve products and services.
In the competition in the financial sector, licensing is crucial, which determines whether you can develop business legally and legitimate at such local place. So! PLUS TOKEN attaches great importance to the policy changes of various countries and actively maintains communication with governments around the world. At present, PLUS TOKEN has obtained the authorization about the STO exchange in Australia and Singapore. Meanwhile, it also actively communicates with the US to better develop blockchain business globally.
In the future, the competition in blockchain is no longer just the competition of products and services, but the competition of users, quantity of flow, technology, licenses and patterns. PLUS TOKEN has always adhered to the principle of taking users’ security, users’ experience, system fluency as the core and adhere to the times as well as the global layout. The summit focused on making PLUS TOKEN the first STO exchange in Asia and leading PLUS TOKEN into the blockchain 2.0 era. The PLUS TOKEN blockchain 2.0 era is bound to be a new start as well as a brighter future.
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