Bakkt Sets September Launch Date for Bitcoin Futures

August 17, 2019
39 Views

Bakkt has announced that it will be launching its bitcoin futures trading platform in September 2019. 

In a blog post published on August 16, 2019, the cryptocurrency trading company announced that its long-anticipated futures product will be going live on September 23, 2019, following approval to create a qualified custodian trust company from the New York State Department of Financial Services (NYSDFS)

The anticipation for Bakkt’s physically delivered futures has been high for quite some time. The company initially announced that it would launch the platform in August 2018, but it had to delay the launch several times due to issues with regulators. 

It has had problems satisfying the requirements of the U.S. Commodity Futures Trading Commission (CFTC), though testing on the platform started back in July 2019. 

According to the announcement, the company has recently hosted several events in Chicago and New York City, two strategic markets for futures trading in the U.S. It has also had several meetings with members of the CTFC and the U.S. Securities and Exchange Commission (SEC). 

The post Bakkt Sets September Launch Date for Bitcoin Futures appeared first on Bitcoin Magazine.

You may be interested

World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect
Bitcoin
4 views
Bitcoin
4 views

World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect

btcethereumadmin - September 4, 2019

Arguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville,…

New Storm Concept Could Strengthen Bitcoin Cash Instant Transactions
Crypto News
7 views
Crypto News
7 views

New Storm Concept Could Strengthen Bitcoin Cash Instant Transactions

btcethereumadmin - September 4, 2019

Software developer Awemany has published a potential alternative approach to instant transactions on the Bitcoin Cash (BCH) network called “delta…

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
Bitcoin
4 views
Bitcoin
4 views

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

btcethereumadmin - September 4, 2019

Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The…

Leave a Comment

Your email address will not be published.