| json_metadata | "{"app":"musing/1.1","appTags":["Cryptocurrency"],"appCategory":"Cryptocurrency","appTitle":"What do you know about Bakkt, is it going to be launched this January or not?","appBody":"<p> </p>\n<p>Hi @acesontop. I have been staying up to date with it as it is an important happening for all of us. I won't go through what Bakkt is as we all know why and how it was formed.</p>\n<p>The US government had a partial shutdown recently and Bakkt announced it would delay the launch by a few days. Bakkt has consulted with the Commodity Futures Trading Commission and ICE (Intercontinental Exchange) coming to an agreement to delay the launch on the 24th January.</p>\n<p>Bakkt needs the go ahead from the Securities and Exchange Commission. The way they are talking is that this is a given already. Investors have already pumped in over $180 Million to support Bakkt. </p>\n<p>Reading between the lines it could be a manipulated delay to force the hands of more sellers. I don't think they will wait too long though as I heard today they will have a competitor who is also getting ready to launch their own exchange. The exchange is Coinfloor Ex and they have announced their launch date for February.</p>\n<p>This may force the hand of Bakkt and if any games were being played they have been out played. The launch will go ahead sometime very soon after the 24 th as the pressure is now on.</p>","appDepth":2,"appParentPermlink":"fk58995sw","appParentAuthor":"acesontop","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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