08.19.19
Regulators Approve Bitcoin Venture Backed by NYSE Owner
by: Patrick Thomas
The New York State Department of Financial Services has approved a key license for Bakkt, a venture designed to make it easier for consumers to store bitcoins and pay for purchases in the cryptocurrency. The move allows Bakkt to hold bitcoin and other cryptocurrencies on customers' behalf while abiding by regulations aimed at ensuring investors' assets are kept safe. Bakkt is being spearheaded by Intercontinental Exchange, owner of the New York Stock Exchange.
Read the full article on Wall Street Journal