French government to allow blockchain trading of unlisted securities.
According to the Reuters report, France has officially approved the trading of unlisted securities using the blockchain technology.
As the article says, new rules have been adopted by the government that will enable banks and fintech companies to set blockchain platforms for unlisted securities trading. The move will allow the trading of the assets without relying on middlemen and theoretically at near-instant speeds.
Allowing and doing are different things... as I know the blockchain transaction in the financial market has held in a number of countries...though of course it is a good sign