Bitcoin’s Most-Hated Regulatory Regime Could Be Bakkt’s Last Hope

By CCN: Intercontinental Exchange’s high-profile Bitcoin project, Bakkt, has faced severe pushback from the CFTC due to a fundamental concern about how its cryptocurrency assets will be stored. In response, Bakkt is looking to obtain a BitLicense and manage custody of the coins themselves. Unfortunately for ICE and associates, BitLicenses can take years to receive. New York’s BitLicense: A Historically Slow Process As CCN reported, Bitstamp waited over three years to receive a BitLic