SETL Granted License to Run Blockchain in Europe’s Securities Settlement System

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).
Blockchain Settlement Startup Promises to Help Cut Collateral Held up in Payment Systems
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.
SETL argues that its di