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Blockchain Technology Company BlackStar Sees Future of Registered Digital Asset Trading (2)

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BlackStar Enterprises Group (OTC Pink:BEGI) announces its vision for blockchain-based trading of registered digital assets. CEO Joseph E. Kurczodyna, drawing from his three-decade experience in currency trading, envisions facilitating the trading of all registered public companies on the blockchain as cash spot markets without shorting. The company's technology aims to enable trading of U.S. registered common stock through the broker-dealer ecosystem, where common shares in book entry are fungible with their digital form. Kurczodyna emphasizes the importance of SEC registration and auditing for investor protection, contrasting with unregistered digital assets that may pose risks.

BlackStar Enterprises Group (OTC Pink:BEGI) annuncia la sua visione per il trading basato su blockchain di asset digitali registrati. Il CEO Joseph E. Kurczodyna, attingendo alla sua esperienza di tre decenni nel trading valutario, immagina di facilitare il trading di tutte le società pubbliche registrate sulla blockchain come mercati spot in contante, senza posizioni corte. La tecnologia dell'azienda punta a consentire il trading di azioni comuni registrate negli Stati Uniti attraverso l'ecosistema dei broker-dealer, dove le azioni comuni in registrazione contabile sono fungibili con la loro forma digitale. Kurczodyna sottolinea l'importanza della registrazione e della revisione della SEC per la protezione degli investitori, in contrasto con gli asset digitali non registrati che possono comportare rischi.

BlackStar Enterprises Group (OTC Pink:BEGI) anuncia su visión para el comercio basado en blockchain de activos digitales registrados. El CEO Joseph E. Kurczodyna, basándose en sus treinta años de experiencia en el comercio de divisas, imagina facilitar el comercio de todas las empresas públicas registradas en la blockchain como mercados al contado sin cortos. La tecnología de la empresa tiene como objetivo permitir el comercio de acciones comunes registradas en EE. UU. a través del ecosistema de corredores y distribuidores, donde las acciones comunes en registro contable son fungibles con su forma digital. Kurczodyna enfatiza la importancia del registro y la auditoría de la SEC para la protección de los inversores, en contraste con los activos digitales no registrados que pueden presentar riesgos.

블랙스타 엔터프라이즈 그룹 (OTC Pink:BEGI)는 등록된 디지털 자산의 블록체인 기반 거래에 대한 비전을 발표했습니다. CEO 조세프 E. 쿠르조디나(Joseph E. Kurczodyna)는 30년간의 통화 거래 경험을 바탕으로 모든 등록된 상장 회사의 블록체인 거래를 현금 즉시 시장으로 촉진하는 것을 구상하고 있습니다. 회사의 기술은 브로커-딜러 생태계를 통해 미국 등록 보통주 거래를 가능하게 하여, 장부에 기록된 보통주는 디지털 형태와 상호 교환이 가능하도록 합니다. 쿠르조디나는 투자자 보호를 위한 SEC 등록 및 감사의 중요성을 강조하며, 위험을 초래할 수 있는 비등록 디지털 자산과 대조를 이룹니다.

BlackStar Enterprises Group (OTC Pink:BEGI) annonce sa vision pour le commerce basé sur la blockchain d'actifs numériques enregistrés. Le PDG Joseph E. Kurczodyna, fort de ses trois décennies d'expérience dans le trading de devises, envisage de faciliter le commerce de toutes les entreprises publiques enregistrées sur la blockchain en tant que marchés au comptant sans ventes à découvert. La technologie de l'entreprise vise à permettre le commerce des actions ordinaires enregistrées aux États-Unis via l'écosystème des courtiers-négociants, où les actions ordinaires en entrée comptable sont fongibles avec leur forme numérique. Kurczodyna souligne l'importance de l'enregistrement et de l'audit par la SEC pour la protection des investisseurs, en contraste avec les actifs numériques non enregistrés qui peuvent présenter des risques.

BlackStar Enterprises Group (OTC Pink:BEGI) kündigt seine Vision für den Blockchain-basierten Handel mit registrierten digitalen Vermögenswerten an. CEO Joseph E. Kurczodyna, der auf drei Jahrzehnten Erfahrung im Devisenhandel zurückblickt, sieht vor, den Handel aller registrierten öffentlichen Unternehmen auf der Blockchain als Cash-Spot-Märkte ohne Leerverkäufe zu ermöglichen. Die Technologie des Unternehmens zielt darauf ab, den Handel mit in den USA registrierten Stammaktien über das Broker-Dealer-Ökosystem zu ermöglichen, wobei die Stammaktien in Buchform fungibel mit ihrer digitalen Form sind. Kurczodyna betont die Bedeutung der SEC-Registrierung und -Prüfung zum Schutz der Anleger und hebt sich damit von nicht registrierten digitalen Vermögenswerten ab, die Risiken darstellen können.

Positive
  • Company has developed blockchain technology for trading registered securities
  • Technology enables integration with existing broker-dealer ecosystem
  • Intellectual property portfolio covers regulated equity trading on blockchain
Negative
  • None.

BOULDER, CO / ACCESSWIRE / November 25, 2024 / BlackStar Enterprises Group, Inc. ("BlackStar") (OTC Pink:BEGI). BlackStar CEO Joseph E. Kurczodyna believes the priority of millions of investors is to trade digital assets on the blockchain. BlackStar's goal is to facilitate the trading of all registered public companies on the blockchain as cash spot markets without shorting. BlackStar's technology invites the industry, exchanges, and dealers to trade U.S. registered common stock on the blockchain.

Mr. Kurczodyna recognized the potential of digital assets with the rise of Bitcoin in 2017, after spending three decades as a foreign currency and U.S. dollar trader. Mr. Kurczodyna realized that Bitcoin could be a world currency and shift the balance of global economic powers, including the theoretical ability to reduce deficit spending and manage the books of the largest economies using a Bitcoin hedge. From there, Mr. Kurczodyna came to believe that "with only one decentralized world currency in Bitcoin, that digital companies, man-made coins, tokens, or blockchain applications traded as coins may have other monetary motives." Regarding Exchange-Traded Funds (ETFs), Mr. Kurczodyna thinks that "these types of funds helped open the investment world to trading Bitcoin as a security. Digital assets secured by exchanged traded funds send a clear signal to the investment banking world that digital assets that are registered as securities on the blockchain will trade through brokers as spot market ETFs."

Mr. Kurczodyna is also of the opinion that "most unregistered, unaudited digital companies are trading imitations hooked to the Bitcoin movement. Many of these companies or applications may disappear like the end of a chain letter. Commonsense regulation tells us that the rules and regulations created in the 1930s provide guidance for unregistered securities.Registration and vetting by the SEC with an audit protects the investing public."

Mr. Kurczodyna stated that "BlackStar's blockchain technology can facilitate the trading of U.S. registered public companies on the blockchain through the broker-dealer ecosystem. BlackStar's technology trades common shares without creating a new digital security: common shares in book entry are fungible with their digital form."

BlackStar's intellectual property portfolio covers all regulated, registered equities and all forms of securities traded on the blockchain through broker-dealers.

Other Info:

BlackStar Enterprise Group, Inc. (OTC: BEGI)
WEBSITE: blackstareg.com
EMAIL: info@blackstareg.com

CONTACT

Bryan P Hemphill….559-359-1480
http://www.blackstareg.com/investor-relations/

More information can be found in the Company's recently filings at the SEC web site: https://www.sec.gov/cgi-bin/browse-edgar?company=BlackStar+Enterprise&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany

SEC Disclaimer

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities in the United States or elsewhere. This press release may contain forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in BlackStar's ("the Company's") business plan. The creation of subsidiaries and expansion of services into new sectors should not be construed as an indication in any way whatsoever of the future value of the Company's common stock or its present or future financial condition. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

SOURCE: BlackStar Enterprise Group, Inc.



View the original press release on accesswire.com

FAQ

What is BlackStar's (BEGI) approach to blockchain trading of registered securities?

BlackStar aims to facilitate trading of registered public companies on the blockchain as cash spot markets without shorting, where common shares in book entry are fungible with their digital form through the broker-dealer ecosystem.

How does BlackStar (BEGI) plan to handle digital asset trading differently from other platforms?

BlackStar's technology focuses exclusively on trading registered, SEC-compliant securities through blockchain, maintaining traditional broker-dealer relationships rather than creating new digital securities.

What is BlackStar's (BEGI) stance on unregistered digital assets?

BlackStar views unregistered, unaudited digital companies as potentially risky investments, emphasizing the importance of SEC registration and auditing for investor protection.
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