Re: [2019-06-13]Bakkt Names Launch Date for Bitcoin Futures Testing
Institutional cryptocurrency platform Bakkt will begin testing its first product, physically-delivered bitcoin (BTC) futures on July 22, the company announced in a blog post on June 13.
Bakkt, which has seen multiple delays over regulatory compliance since its original announcement in August 2018, will offer futures as the first in a series of offerings, full details of which remain unclear.
On July 22, two days after Apollo 11s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US, chief operating officer Adam White wrote in the blog post, adding:
This is no small step. This launch will usher in a new standard for accessing crypto markets. Compared to other markets, institutional participation in crypto remains constrained due to limitations like market infrastructure and regulatory certainty.
https://cointelegraph.com/news/bakkt-names-launch-date-for-bitcoin-futures-testing
Bakkt, which has seen multiple delays over regulatory compliance since its original announcement in August 2018, will offer futures as the first in a series of offerings, full details of which remain unclear.
On July 22, two days after Apollo 11s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US, chief operating officer Adam White wrote in the blog post, adding:
This is no small step. This launch will usher in a new standard for accessing crypto markets. Compared to other markets, institutional participation in crypto remains constrained due to limitations like market infrastructure and regulatory certainty.
https://cointelegraph.com/news/bakkt-names-launch-date-for-bitcoin-futures-testing
I wonder when the next launch date will be. It would be nice if Bakkt posted somewhere all the regulatory hurdles that they are jumping so that the public can see what the government is doing and making companies go through. Could be a use case for future companies looking to do something similar and cut down on the timeframes of these launches.