Home / Cryptocurrency / Bakkt Sets September Launch Date for Bitcoin Futures

Bakkt Sets September Launch Date for Bitcoin Futures

Bakkt has introduced that it is going to be launching its bitcoin futures buying and selling platform in September 2019. 

In a weblog put up printed on August 16, 2019, the cryptocurrency buying and selling corporate introduced that its long-anticipated futures product might be going survive September 23, 2019, following approval to create a professional custodian consider corporate from the New York State Division of Monetary Products and services (NYSDFS)

The anticipation for Bakkt’s bodily delivered futures has been top for reasonably a while. The corporate first of all introduced that it could release the platform in August 2018, but it surely needed to extend the release a number of instances because of problems with regulators. 

It has had issues gratifying the necessities of the U.S. Commodity Futures Buying and selling Fee (CFTC), regardless that trying out at the platform began again in July 2019. 

In keeping with the announcement, the corporate has lately hosted a number of occasions in Chicago and New York Town, two strategic markets for futures buying and selling within the U.S. It has additionally had a number of conferences with participants of the CTFC and the U.S. Securities and Alternate Fee (SEC). 

The put up Bakkt Units September Release Date for Bitcoin Futures seemed first on Bitcoin Mag.

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