Bakkt receives Trust license, cleared to launch

https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1908161

Why is this good news?

  • Potential kick-start for a bull run, leading to a resurgence in exchange volumes
  • Regulators are making forward progress (particularly NY which is notoriously slow), which is a good sign for Nash as we are currently in the waiting line.

Onwards!

I am more excited about a company like Nash that is building real tech and solving a major pains such as non-custodial trading of BTC and many more.
Very few people in crypto have any experience with futures. But I get the hype. It is mainly because of the association with NYSE.

Yeah that’s why we’re all here :laughing:

Still important to keep a pulse on positive regulatory progress in the crypto space. It’s all relevant.

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