Launched with backing from the Intercontinental Exchange (ICE), crypto firm Bakkt has now issued a warning that it may not have sufficient funds to be operational for the next twelve months. Bakkt cautioned that it could “not be able to continue as a going concern” in a section on risk
Bakkt Holdings, a provider of crypto solutions, has announced plans to extend its cryptocurrency operations into new global markets. Yesterday, Bakkt reaffirmed its partnership with SogoTrade, a digital brokerage, and Hapi, a stock trading platform, two of its existing clients. Bakkt has expanded its Latin American footprint from Argentina and
Bakkt CEO Gavin Michael has said that the business is considering expanding internationally to Hong Kong, the United Kingdom, and the European Union. This is because of the absence of a stable regulatory environment in the United States. The CEO stated: “We’re particularly focused on Hong Kong, the UK and
Following the United States Securities and Exchange Commission’s (SEC) designation of several cryptocurrencies as investment contracts earlier this week, digital currency trading platform Bakkt Inc will delist Cardano (ADA), Solana (SOL), and Polygon (MATIC). The crypto exchange based in Georgia, USA, decided to delist three cryptocurrencies due to regulatory uncertainties.
Twenty-five of the thirty-six crypto tokens were removed from Bakkt’s newly acquired Apex Crypto trading platform. A business spokesperson explained the change on May 12 by saying it was “part of our regular coin listing review process.” Fewer specifics are available. Although most of the abandoned tokens are associated with
Bakkt crypto exchange collaborates with Google. All sorts of payment solutions to be done with Google pay. This ought to bring user friendliness to the nexxt level for the crypto exchange. Joining hands with Google is obviously a big step for the Bakkt crypto exchange. In spite of this merging
Bakkt has launched a fully virtual Visa debit card. Cardholders can spend BTC from their Bakkt accounts directly. Bakkt avoids Bitcoin (BTC) transaction fees. Bakkt, custodial exchange has announced that it has launched a fully virtual Visa debit card for both online and in-store spending. It allows customers to use
