[ad_1]
All await Bakkt, the encrypted exchange created by the owners of the New York Stock Exchange (NYSE), the Intercontinental Exchange (ICE). While some people see the company as something that could save the industry encrypted by its fate, others believe that this is just another attempt by the financial market to take down the original intent of Bitcoin.
In any case, Bakkt is always important when doing something and it seems that the exchange has decided to do something huge now. Bakkt will add Ethereum contracts for when the investment platform will finally be launched, according to the original report produced by The Abacus Journal.
With recent tweets stating that Bakkt is very open to the idea of adding more assets to the business and with its CEO Kelly Loeffler and the CEO of the Intercontinental Exchange, Jeffrey Sprecher, commenting on the future of cryptography in addition to Bitcoin, it was clear that something was up.
The Abacus Journal states that Bakkt knows how the regulation will end and that the company will prepare for 2019 and greater regulation of cryptographic activities.
Now, Abacus Journal reported that three separate company sources, which offer all documents as evidence, list both BTC and ETH as cryptos that will be available for the launch of the exchange.
Some sources indicated that the exchange decided to take a step back because there was some regulatory uncertainty about whether Ethereum would actually be regulated. This means that there is a good chance that they will list Ethereum, mainly because they will follow the regulation and it seems that ETH will be considered a commodity rather than a security.
The idea that the Journal of Abacus defends is that Bitcoin and Ether could become the new gold and silver of the cryptic futures contracts. While the company has not affirmed with 100% certainty that the Ethereum contracts will be available at launch, this is something that is not off the table and that appears to be very significant.
This means that depending on the regulation and many other key factors that are sometimes not clear to retail investors, there is a high probability that Bakkt will do so.
We have to wait to find out if all this is true, but it could also be. Will 2019 be the start of the new era of encrypted gold? I really hope so.
[ad_2]
Source link