• Sen. Kelly Loeffler has been in office three days and she still hasn't set up a press page. Doesn't she know that the most dangerous place in Washington is supposed to be between a member of Congress and a camera? (via @GovKemp)
    People,  Politics

    This is Awkward: Bakkt’s former CEO joins Senate committee overseeing CFTC

    Sen. Kelly Loeffler, who used to run bitcoin futures trading platform Bakkt was just appointed to a committee that oversees the Commodity Futures Trading Commission. What’s she gonna do?

    Former Bakkt CEO and current Senator Kelly Loeffler's membership on the committee overseeing the Commodity Futures Trading Commission presents a potential conflict of interest, but also gives the cryptocurrency industry a knowledgeable and friendly seat at the table.

  • Mike Blandina (r.) and Adam White are also winners in Kelly Loeffler's U.S. Senate appointment (via ICE).
    Uncategorized

    Bakkt promotes Mike Blandina to CEO

    The Google and PayPal veteran will lead the firm beyond bitcoin futures in 2020 following the departure of Kelly Loeffler to take up a U.S. Senate seat; COO Adam White becomes president

    Google and PayPal veteran Mike Blandina has been appointed CEO of bitcoin futures firm Bakkt, following Kelly Loeffler's appointment to the U.S. Senate. He plans add digital assets other than bitcoin to its offerings in 2020.

  • Bears may be sniffing around, but Fidelity Digital Assets is still bullish (via Marco Verch CC BY 2.0).
    Bitcoin

    Fidelity bringing bitcoin trading to Europe

    The $8 trillion discount brokerage has announced Chris Tyrer will expand its growing Fidelity Digital Assets custody and trading service into the U.K. and EU

    Fidelity is expanding its digital assets business into Europe. Former Barclays exec Chris Tyrer will head up Fidelity Digital Assets in the U.K. and EU.

  • LedgerX may have placed its founders "on administrative leave," but they're still listed as the company's leaders on its website (via LedgerX).
    People,  Regulation

    LedgerX founders Paul and Juthica Chou ousted after futures debacle

    Badly embarrassed by a bungled futures launch, the derivatives exchange removed its CEO and COO the same day rival Bakkt expanded its offerings

    On Dec. 9, LedgerX derivatives exchange CEO Paul Chou and his wife Juthica, the COO, were unceremoniously removed by the board of the company they founded. While no explanation was given, the company suffered a huge and embarrassing setback over the summer.