Why the ICE/Bakkt News Makes Some Crypto Investors Nervous - Ep.032 episode artwork

EPISODE · Aug 10, 2018 · 28 MIN

Why the ICE/Bakkt News Makes Some Crypto Investors Nervous - Ep.032

from Unconfirmed · host Laura Shin

Caitlin Long, who’s working on a book about Wall Street and crypto assets and is the cofounder of the Wyoming Blockchain Coalition, discusses the significance of the creation of Bakkt, a new federally regulated market for Bitcoin, by ICE, Microsoft, Starbucks and investment firms Fortress Investment Group, Eagle Seven, and Susquehanna International Group. She explains why she thinks the price of bitcoin didn't jump after the news, what this move could mean for institutional players getting into crypto and why it could lead to systemic risks. We also discuss some remarks by ICE founder, chairman and CEO Jeffrey Sprecher about how the enterprise would bring "transparency and trust" to crypto. Thank you to our sponsor! Digital Asset Custody Company: https://digitalassetcustody.com Episode links: Caitlin's articles on the announcement: https://www.forbes.com/sites/caitlinlong/2018/08/03/ice-creating-new-cryptocurrency-market-a-double-edged-sword/#50803d791015 Tweet from SEC commissioner Hester Peirce regarding comment on crypto funds: https://twitter.com/HesterPeirce/status/1027273379819204608 Bakkt press release: https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem Fortune article on Bakkt: http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/

Caitlin Long, who’s working on a book about Wall Street and crypto assets and is the cofounder of the Wyoming Blockchain Coalition, discusses the significance of the creation of Bakkt, a new federally regulated market for Bitcoin, by ICE, Microsoft, Starbucks and investment firms Fortress Investment Group, Eagle Seven, and Susquehanna International Group. She explains why she thinks the price of bitcoin didn't jump after the news, what this move could mean for institutional players getting into crypto and why it could lead to systemic risks. We also discuss some remarks by ICE founder, chairman and CEO Jeffrey Sprecher about how the enterprise would bring "transparency and trust" to crypto. Thank you to our sponsor! Digital Asset Custody Company: https://digitalassetcustody.com Episode links: Caitlin's articles on the announcement: https://www.forbes.com/sites/caitlinlong/2018/08/03/ice-creating-new-cryptocurrency-market-a-double-edged-sword/#50803d791015 Tweet from SEC commissioner Hester Peirce regarding comment on crypto funds: https://twitter.com/HesterPeirce/status/1027273379819204608 Bakkt press release: https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem Fortune article on Bakkt: http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/

NOW PLAYING

Why the ICE/Bakkt News Makes Some Crypto Investors Nervous - Ep.032

0:00 28:05

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Nhitecap with the Whitecaps Coach and Hugs Welcome Hockey Fans to Nhitecap with the Whitecaps. The only alleged, unconfirmed, official podcast of the Minnesota Whitecaps. Tune in for reCAPS and analysis of games from perennial Co-Ed Pickup Hockey Stars Coach Angela Zevnik Girtz and Huggs, behind-the-scenes stories and perspectives from staff and volunteers, and of course interviews with your favorite players. Our mission is to explore the inner workings of Minnesota’s newest professional sports team, promote women’s hockey, and have some fun along the way.Nestle into your lounge chair with your favorite juice box or adult beverage, this is Nhitecap with the Whitecaps! The Unconfirmed Podcast Hippos and Isaiah Two small Twitch streamers connect to the small streamer community to chat about anything that they want.They might talk about anime or Video Games, they might talk about the meaning of life, no one really knows, not even them.Nothing is really set in stone, its all unconfirmed. FanDemic Josh Pre-discussion about Hollywood's newest films. Join hosts AirHead and ScrewHead and engineer Shane as they talk about the confirmed and unconfirmed chat about the films as well as provide our listeners with actual interviews with all the stars of the films thanks to our handy dandy Electronic Press Kit. Come and join us as we chat up what we like (or dislike) about Hollywood's newest films. Enjoy. Unreleased (AMusic Revision) Bizzle Those are currently unreleased tracks from Canadian singer-songwriter.The album Changes has not yet been released. Some tracks of Justin’s docu-series: Seasons was previewed. The track’s are unconfirmed and it is unknown if this will be on the final cut for Changes.This is only a little revision of it.An AMusic gift.Much love! AMusic GroupFollow us on Instagram:@amusicgang@thisisbizzness

Frequently Asked Questions

How long is this episode of Unconfirmed?

This episode is 28 minutes long.

When was this Unconfirmed episode published?

This episode was published on August 10, 2018.

What is this episode about?

Caitlin Long, who’s working on a book about Wall Street and crypto assets and is the cofounder of the Wyoming Blockchain Coalition, discusses the significance of the creation of Bakkt, a new federally regulated market for Bitcoin, by ICE, Microsoft,...

Can I download this Unconfirmed episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!