Former Coinbase exec and new Bakkt COO Adam White stated in the blog post that the entire DACC team will also be joining Bakkt; even though DACC’s native support of 13 blockchains and 100+ assets is designed to “serve as an important accelerator.”
Bakkt’s specific plan is to launch physically-delivered bitcoin (BTC) futures, with contracts set to be traded on ICE Futures US (IFUS) and cleared on ICE Clear US (ICUS), a federally regulated exchange and clearinghouse regulated by the United StatesCommodity Futures Trading Commission (CFTC).
Read more:Canadian Regulator Introduces New Rules for Crypto Mining
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