Intercontinental Cryptocurrency Exchange (ICE) Bakkt platform can receive a permission to start its futures product with Bitcoin (BTC) from U.S. regulators next week, according to an anonymous source.
Bakkt seeks to build a “regulated ecosystem” for institutional investors who desires to get access to cryptocurrencies. The plarform has confirmed that it plans to launch its own futures product on December 12.
If regulators let this project come to life, ICE’s Bakkt will begin to launch its Bitcoin (USD) Daily Futures Contract for customers right after the first week of November, according to the anonymous source “with direct knowledge of the situation”.
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We wrote previously that cryptocurrency platform Bakkt will start its guarantee fund to avoid default.
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