Since last two years, the cryptocurrency market explodes due to the multiplication of the cryptocurrencies and the increase of the interest of the public and investors for these assets. These cryptocurrencies are exchanged in the crypto-exchanges, centralized platforms for buying and selling these values. Due to huge success of the platforms and infatuation of the investors to these products, traditional market places and stock exchanges are planning to launch their own solutions to face the demand to these assets. It’s in this context, that the biggest the biggest stock exchange operator, InterContinental Exchange (ICE), the owner of the New York Stock Exchange, is launching a market for Bitcoin.
“ICE made the groundbreaking announcement on Friday, revealing that the new platform — Bakkt — has been developed in partnership with a variety of blockbuster names, including Microsoft, Starbucks, and BCG. Bakkt will integrate with the ICE’s U.S. futures market and clearinghouse to list a physically- settled one-day bitcoin futures product, complete with physical warehousing managed in-house by ICE. This product will launch in November, pending regulatory approval.” This announcement confirms the actual trend of the cryptocurrency market for more regulation and control. This goes through the adoption of these crypto-assets by the institutions and traditional market places. It also has as benefits of pushing the regulator out of his control zone.However, the ICE announcement is pended to the regulatory approval.
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