With the Bitcoin prices dipping to an all time low, people are becoming more suspicious of its future. However, the Chairman of New York Stock Exchange (NYSE) has only good things to say about Bitcoin.
Jeffrey Sprecher, CEO of Intercontinental Exchange (ICE) & Chairman of NYSE, spoke positively about cryptocurrencies. At the Consensus Invest conference in New York last Tuesday, he said that he’s been seeing headlines like “Will digital assets survive?”
“I’d say the unequivocal answer is yes,” he said, adding that “we’re kind of agnostic to price.”
Notably, NYSE Chairman was on stage with his wife, Kelly Loeffler. Loeffler is the CEO of Bakkt – a cryptocurrency platform owned by ICE. Bakkt will start its operation in early 2019. It will also allow digital asset trading, and enable merchants to accept cryptocurrency as payments.
What is Bakkt?
Incidentally, Starbucks was also a part of the original announcement of Bakkt. The platform will help the coffee company and its customers to figure out how to “convert their digital assets into US dollars for use at Starbucks.”
While Bakkt’s launch is delayed to January 2019, Pascal Gauthier, President of Ledger, says that major institutions are doubling their crypto investments.
“No one has dropped out of crypto,” he said. “They could have walked out but no one is walking away.”
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