The NYSE presidency affirms that the survival of digital currencies is "unequivocal"

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The chairman of the New York Stock Exchange (NYSE), Jeffrey Sprecher, has expressed optimism regarding the survival of digital currencies as an asset class, as reported by Barron on 27 November.

Speaking at the Consensus Invest conference, Sprecher – who is also the managing director of Intercontinental Exchange (ICE) – said that when he saw the titles ask "Digital resources will survive?", He would say that "the unequivocal answer is yes" . I'm a kind of agnostic at the price, "added Sprecher.

On the stage of the Consensus Invest in New York, Sprecher was accompanied by his wife and CEO of the cryptocurrency platform Bakkt, Kelly Loeffler. Bakkt is owned by ICE and anticipates its launch at the beginning of next year.

Commenting on the offer of Bitcoin futures contracts (BTC), Loeffler stated that "the Bakkt futures contract will help Bitcoin traders to establish a reliable price." Bitcoin now trades at different prices on different trades, many of the which are not regulated ".

The NYSE and its parent company ICE have demonstrated a proactive approach to the cryptocurrency space. In January, ICE entered into a partnership with Blockstream, a blockstream technology company, to provide information on "disciplined" prices to major Wall Street investors. The ICE has therefore planned to extract data from 15 major exchanges and deliver them to large financial names, including hedge funds and professional trading companies.

Later in May, ICE announced plans to offer contracts for traders who will eventually bring customers to BTC. According to ICE, "he had conversations with other financial institutions on the creation of a new transaction through which the banks can buy a contract, known as swap, which will end with the customer who owns Bitcoin the following day – with the support and security of the exchange. "

Shortly before today, Cointelegraph reported on the creation of an association for digital goods markets (ADAM) to create a "code of conduct" for the cryptocurrency sector. The founding members of ADAM include former NYSE CEO Duncan Niederauer along with Galaxy Digital, the cryptic bank of Mike Novogratz, the global financial services company BTIG, the fintech company Paxos and the provider of encrypted liquidity solutions GSR.

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