Bakkt announces first regulated options contract for bitcoin

Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9. Bakkt options contract is certified with CFTC According to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European-style options, low fees,…

Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO

Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO). According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab. In the past, she also worked as the…

Bakkt CEO: 3 Reasons Why Bitcoin Product Launch Is a Big Deal

Following the launch of Bakkt’s Bitcoin (BTC) futures, the company listed three reasons why the event is an important milestone for the industry. In a statement on Sept. 23, Bakkt CEO Kelly Loeffler emphasized that the successful launch of Bakkt Bitcoin Futures contracts is the first time when United States-regulated, physically settled Bitcoin futures became…

Bakkt Warehouse Launches Deposits and Withdrawals as Planned

Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals. First physical BTC futures on the way As the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance with the plans revealed on Aug. 28. The launch of Bakkt Warehouse comes as the…

JPMorgan Chase Sees Change in Bitcoin Industry

According to a report from Bloomberg, JPMorgan Chase has seen a considerable change in the Bitcoin industry in the past two years. This change has been led by what is termed as an institutional interest. An investigation which was conducted by Bitwise, an asset manager, revealed that much of the trade volume being reported by…