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Bakkt will begin user testing for bitcoin futures on July 22

Bakkt, an Atlanta-based subsidiary of the Intercontinental Exchange (ICE), an American firm that owns the New York Stock Exchange, will begin user acceptance testing for its Bitcoin futures contracts on July 22, 2019.


As mentioned in a blog post published by Adam White, the Chief Operating Officer at Bakkt, the company’s Bitcoin futures will be listed and traded on ICE Futures U.S. and cleared at ICE Clear U.S.


Crypto markets need better trading tools, more regulatory clarity


White, the Former Vice President at Coinbase, noted that institutional investors have not been participating in the digital asset space as active as other financial markets. He believes that crypto market infrastructure must be improved and clear regulatory guidelines should be established in order to attract institutional clients.


White explained that crypto markets have relatively lower trading volumes and insufficient liquidity, and lack price transparency due to regulatory uncertainty and limited availability of proper trading tools for professional investors. Read More at CryptoSlate...

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