Altcoin Daily
What Sets Bakkt Apart? CFTC Regulate? [Bitcoin/Cryptocurrency News]
What sets Bakkt apart from other cryptocurrency exchanges is its regulatory status. Bakkt is the first Bitcoin exchange to be regulated by the US Commodity Futures Trading Commission (CFTC). This means that Bakkt is subject to the same regulations as any other regulated derivatives exchange, including compliance with anti-money laundering and other regulations. As a result, Bakkt is able to offer a secure and regulated trading platform for trading Bitcoin and other digital assets. This is an important development for the cryptocurrency sector, as it provides a degree of regulatory certainty and legitimacy that will help attract more institutional investors to the space.