Bakkt CEO Kelly Loeffler Could Become a U.S Senator Next Week

[cheezcarls]

Kelly Loeffler, the chief executive of institutional Bitcoin futures platform Bakkt, is expected to be picked by Georgia Governor Brian Kemp for a seat in the United States Senate this week, the Wall Street Journal reports.

The selection is in defiance to President Trump’s insistence on the appointment of Representative Doug Collins, a fierce defender of the President during the impeachment inquiry. If approved, Loeffler would take over the Senate seat vacated by three-term Senator Johnny Jackson, but she will have to contest re-election in 2020.

Read more here for the full news

To be honest, I am not going to count on this one. Even if this one is true next week, it’s not going to make an impact in Bitcoin’s price.

Although it is a good thing to advocate Bitcoin if Kelly becomes a U.S. senator, but there’s no such guarantee that it would really pump the price of Bitcoin or such.