Blockchain technology platform Bakkt looks toward Europe after MiCA By Cointelegraph

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Blockchain technology platform Bakkt looks toward Europe after MiCA

Published May 19, 2023 06:00PM ET Updated May 20, 2023 07:40PM ET

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Blockchain technology platform Bakkt looks toward Europe after MiCA

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The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt chief product officer Dan O’Prey said. On the whole, O’Prey saw positive long-term trends.

Speaking to Cointelegraph’s U.S. News Editor, Sam Bourgi, at Bitcoin 2023, O’Prey described Bakkt as prioritizing its role as a “B2B2C” company for the past two years. As such, it has seen “a significant portion of the major institutional interest” focused on Bitcoin (BTC), in spite of the aftermath of the collapse of cryptocurrency exchange FTX. He said:

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