Business
BlackStar Engages in Talks with U.S. Senate Banking Committee Team Covering the Digital Asset Market Clarity Act
BlackStar Engages in Talks with U.S. Senate Banking Committee Team Covering the Digital Asset Market Clarity Act.
About this update from Blackstar Enterprise Group, Inc.
[{"type":"text","content":"News Provided By\r\n\r\nBlackStar Enterprise Group, Inc\r\n\r\nMarch 04, 2026, 14:15 GMT\r\n\r\nBDTP Blockchain empowers public\r\n companies by offering blockchain trading for shareholders, IPO funding\r\n management, corporate governance, without tokenization.\r\n\r\nBlackStar\r\n Enterprise Group, Inc (OTCBB:BEGI)\r\n\r\nBOULDER, CO, UNITED STATES, March 4,\r\n 2026 /EINPresswire.com/ -- Blackstar Enterprise Group, Inc.,\r\n March 4, 2026, OTC Pinks 'BEGI,' a public company. On February 13, 2026, we\r\n became current with SEC reporting requirements including financial statements.\r\n BlackStar has filed the 2024 10K, re-filed its 2023 10K, and its 2025 10Qs, in\r\n compliance with SEC rules.\r\n \r\n BlackStar has been advocating blockchain-based trading for public company\r\n securities to trade through broker-dealers and exchanges, without the use of\r\n tokens. CEO Joseph Kurczodyna has been instrumental in positioning BlackStar as\r\n a thoughtful innovator in the CeFi-DeFi blockchain trading sector. Blackstar\r\n has developed the Blackstar Digital Trading Platform (“BDTP”) and has filed and\r\n received 8 patents related to Blockchain traded securities, On-Chain IPO funding,\r\n and Corporate Governance.\r\n \r\n Mr. Kurczodyna has been in communication with and monitoring the U.S. Senate\r\n Banking Committee team efforts on the proposed Clarity Act since Jan 2026. The\r\n blockchain system requires greater definition and controls in the Clarity Act,\r\n particularly in Section 505, in which attempts are made to address issues\r\n related to blockchain transactions and Non-Fungible Tokens (NFTs). BlackStar\r\n has presented Electronic Fungible Shares (EFS) as an innovation that with our\r\n BDTP, can facilitate transparency and regulation within reasonable parameters\r\n under the proposed Clarity Act. The customer's cash and shares are encrypted\r\n and directed from a Firms book-entry to a Public Company’s BDPT which uses our\r\n IP as patented and may be monitored by SEC or FINRA or CFTC. The customer\r\n trades Peer to Peer between the seller and the buyer, with no middlemen or\r\n shorting. Our BDTP system ensures the same level of customer protection as\r\n currently suggested through Tokenization, with the added advantage of Blockchain\r\n first-order flow. Brokers only gain visibility of customer orders post-t...