The adoption of the cryptocurrencies is increasing. As the years go by, the public in general is losing the fear that in a beginning was made technology Blockchain, and the invention is more famous based on the same: The Bitcoin. Thus, little by little the criptoactivos are masificando, reaching not only to the enthusiasts of this technology, but investors, savers and ordinary people who want to use these currencies to purchase goods and services, save, invest, and protect your capital against the vagaries of the market. However, the cryptocurrencies still face a stumbling block to achieving its adoption by all sectors of society, especially for driving in the large investment funds move billions of dollars, and that would represent an injection of fresh capital into the crypto market, as well as an endorsement of confidence for these products. And that is, to not be regulated by the legal frameworks of most countries of the world, and especially of the most developed and therefore the financial markets largest (the United Kingdom and the united States, especially), the big investment funds can’t legally his capital in the cryptocurrencies. Therefore, the current wave of regulations, that run the governments around the world, has the potential both to cause harm, as being a positive for the market of cryptocurrencies, if it is channelled through progressive legislation that more than prohibit the use of criptoactivos, create an environment favourable to them, with clear rules for all involved. This is what makes to physical contracts futures on Bitcoins pledged by Bakkt, a story so important to the crypto market. And is that, it would be the first instrument of this kind to be released legally in the united States, and therefore is expected to attract a large volume of new capital from the investment funds. Although these contracts will not begin to transarse until the 23rd of September, already Bakkt has announced via his Twitter account, which will allow future investors to deposit their funds on the platform from this September 6.
On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on Sept 23These contracts will enable physical delivery of bitcoin with end-to-end regulated markets and custody— Bakkt (@Bakkt) August 28, 2019
And this is why we have chosen the potential effects of this announcement as our Fact of the Day here in CriptoTendencia. Because if there’s an event worth being highlighted, is the potential entry of large capital institutional market of cryptocurrencies, an event that the futures contracts Bakkt will allow, and that could change the future of the criptoactivos forever. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.
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