Caitlin Long, who’s working on a e-book about Wall Aspect road and crypto assets and is the cofounder of the Wyoming Blockchain Coalition, discusses the importance of the introduction of Bakkt, a new federally regulated marketplace for Bitcoin, by ICE, Microsoft, Starbucks and funding corporations Fortress Funding Community, Eagle Seven, and Susquehanna Global Community. She explains why she thinks the mark of bitcoin didn’t soar after the guidelines, what this switch would possibly possibly mean for institutional gamers entering into crypto and why it will consequence in systemic risks. We additionally focus on some remarks by ICE founder, chairman and CEO Jeffrey Sprecher about how the endeavor would bring “transparency and believe” to crypto.

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Episode hyperlinks:

Caitlin’s articles on the announcement: https://www.forbes.com/websites/caitlinlong/2018/08/03/ice-rising-new-cryptocurrency-market-a-double-edged-sword/#50803d791015

Tweet from SEC commissioner Hester Peirce concerning notify on crypto funds: https://twitter.com/HesterPeirce/pickle/1027273379819204608

Bakkt press open: https://www.businesswire.com/files/dwelling/20180803005236/en/Intercontinental-Change-Declares-Bakkt-Global-Platform-Ecosystem

Fortune article on Bakkt: http://fortune.com/longform/nyse-proprietor-bitcoin-replace-startup/