In this video, we answer the question: Is Bakkt postponed until December?
The short answer is yes. Bakkt, a bitcoin futures and cryptocurrency platform, has been delayed until December 12th. The delay comes after the Commodity Futures Trading Commission (CFTC) granted approval for the platform to launch.
Bakkt was originally scheduled to launch in September, but the date was pushed back due to regulatory issues. According to the CFTC, the delay was needed in order to ensure that the platform was compliant with the Commodity Exchange Act.
This delay could have a significant impact on the bitcoin and cryptocurrency markets, as Bakkt provides institutional investors with access to bitcoin and other digital assets. The platform is expected to offer a range of services, including custody, clearing, and settlement.
It remains to be seen how the delay will affect the markets, but it’s clear that Bakkt’s launch is an important event for the crypto community. We’ll have to wait and see whether the platform will be able to meet its December launch date.