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Author Topic: Bukkt is preparing for the approval of futures exchange.  (Read 1565 times)

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Bukkt is preparing for the approval of futures exchange.
« on: January 24, 2019, 04:34:42 AM »



Ahead of the hotly anticipated bitcoin futures, Bakkt has launched an employee hiring campaign. Eight new vacancies were published on Tuesday on the company's website.

Bakkt is looking for several experienced software developers, including mobile platforms and blockchain developers; sales Manager institutionalism to customers with experience in North America LII Asia; and three more senior posts, including Director of Finance, Director of security and Director of blockchain engineering.

Bakkt is expected to become a regulated exchange for crypto-derivatives established by the Intercontinental exchange (the parent company of NYSE) on December 12 last year, but the launch was postponed twice.

It was initially postponed until January 24, and the company referred to the need for "additional time to register clients and clearing participants." Now it has been delayed for an indefinite time, while the market waits for the Commission on trade commodity futures (CFTC) will provide an exemption from Bakkt store bitcoins on behalf of their clients.

The continued closure of the government contributed to the delay. The CFTC requires at least 30 days for the public comment period, plus it may take a long time to review the comments and make a decision at the end of that period. It is not clear when this comment period may start.

However, the Bakkt team did not sit idly by waiting for the green light from the regulator: earlier this month, It closed the $ 182.5 million funding round and acquired "certain assets" owned by Rosenthal Collins Group (RCG), an independent futures Commission merchant.

As stated by the Director-General Bakkt Kelly Loffler, announcing the acquisition, the transaction involving personnel and technologies RCG had to help Bakkt to improve risk management, anti money laundering (AML), confirmation of customer identification (KYC) and conduct Treasury transactions.


LINK - https://altstake.io/news/bakkt-gotovitsya-k-odobreniyu-fyyuchersov-na-bitkoin

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Bukkt is preparing for the approval of futures exchange.
« on: January 24, 2019, 04:34:42 AM »

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