Intercontinental Exchange (ICE (NYSE:ICE))-lead institutional cryptocurrency trading platform Bakkt is considering acquiring a New York BitLicense to launch its bitcoin futures, Bloomberg reports on April 18.
Bakkt has seen resistance from the United States Commodity Futures Trading Commission (CFTC) to approve its bitcoin futures because of its intentions to custody user’s assets. Bloomberg quotes anonymous sources familiar with the situation, stating that to ease the concerns of the regulator, the company is considering acquiring a license from New York financial regulators.
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