Bakkt Explained For Dummies! Will This Kick Start The Next Bitcoin BULL Market?
While awaiting regulatory approval to begin trading Bitcoin futures, Bakkt has announced the start of recruiting a team of full-time employees..
Eight vacancies were posted on the company’s website on Tuesday. Cryptocurrency division of the Intercontinental Exchange (ICE) is looking for software developers, including mobile applications and blockchain, a sales manager, three directors (finance, technical and security), and others experienced professionals.
Bakkt is set to become a regulated cryptocurrency derivatives trading platform. Initially, the launch was planned on December 12, but was postponed to January 24, then the management announced that by this date it would not have time to obtain permission from the US Commodity Futures Trading Commission and promised to clarify the timing later. but shutdown of the American government, led to the delay and submission of the CFTC draft for public comment, which will last at least 30 days. After that, the Commission will need time to study opinions and make a decision, so the launch is postponed indefinitely..
However, the startup is optimistic, since at the beginning of 2019 it successfully completed the first round of funding, raising $ 182.5 million and has already begun to form its own state, and also announced contracting with the Rosenthal Collins Group to improve risk management, anti-money laundering and other cooperation.
The cryptocurrency market is attractive to institutional investors due to the many opportunities that open up. are no longer available on stock. ETF Edge announced in London that Artificial Intelligence runs the most profitable exchange-traded funds on Wall Street.
text: Ivan Malichenko, photo: s3.amazonaws, pbs.twimg