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NYSE owner announces 'Bakkt' to regulate Bitcoin
short by Nihal Thondepu / on Saturday, 4 August, 2018
Intercontinental Exchange, which owns the New York Stock Exchange, has announced it is launching a new company 'Bakkt' that aims to "create an open and regulated, global ecosystem for digital assets". It has partnered with Starbucks and Microsoft for this venture to allow futures contracts on Bitcoin and take crypto from a speculative investment to a staple of global commerce.
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