SETL Granted License to Run Blockchain in Europe’s Securities Settlement System61.38

U.K.-based startup SETL was granted a license from the Autorité des Marchés Financiers, the French financial watchdog, to run a blockchain-powered central securities depository (CSD).

As one of Europe’s biggest securities settlement systems, France will be at the forefront of “market plumbing” processes, where cash is exchanged for securities.

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