Bakkt

Starbucks, a large chain of coffee houses, will use the technologies developed by Microsoft to improve its operations. This ForkLog was reported by representatives of Microsoft. For example, a service for generating personalized food and beverage recommendations will be added to the Starbucks® Rewards mobile app. For this, the coffee shop uses technology based on the Microsoft Azure cloud platform. Recommendations will be formed on the basis of 400 different factors, considering, […]

The US Commodity Futures Trading Commission (CFTC) is ready to approve the launch of Ethereum futures, if requested. It is reported by CoinDesk, citing a senior official of the department. This decision will consolidate the jurisdiction of the department over the Ethereum markets, since at the moment it is limited to compulsory tools. At the same time, launching non-deliverable futures will allow institutional players to interact safely with the second […]

Institutional Bitcoin Futures Platform Bakkt announced on Monday, April 29th, the acquisition of Digital Asset Custody Company (DACC), and also disclosed information about the partnership with a large American bank BNY Mellon. Having worked in the space development since 2013, it’s clear that our infrastructure and security-first […]

The Bakkt cryptocurrency platform from the Intercontinental Exchange (ICE) financial corporation intends to obtain permission to operate in the state of New York from the Financial Services Authority (NYDFS). If Bakkt gets BitLicense for custodial service, this can be a weighty argument in negotiations with the US Commodity Futures Trading Commission (CFTC), which has not yet given the green light to launch the delivery […]

Cryptocurrency derivatives provider LedgerX plans to become the first company in the United States to launch Bitcoin futures deliveries. It is reported by CoinDesk. Today, April 15, the company announced its intention to obtain a CFTC license, which will make LedgerX an authorized derivatives market (Designated Contract Markets). This, in particular, will provide an opportunity to launch deliverable futures. The latter differ from the calculated ones in that they are based on […]