CEO Kelly Loeffler is a Senator – a positive sign for Bitcoin and the crypto market?

Actually, the news is a little surprising, since she was announced as the ideal candidate Brian Kemp. Nevertheless, the cryptographic Community is on a positive note, because Kelly Loeffler, a lot of experience and Knowledge from your last Post brings.

Kelly Loeffler, CEO of the Bitcoin futures exchange Bakkt, resign from your office in order to serve Georgia as a U.S. Senator. The one-year term of Loeffler begins in January 2020. After her controversial offer to occupy the of Senator Johnny Isakson shared a seat that will go to the end of the year for health reasons to retire, is Loeffler the second woman in the history of Georgia, the holder of this Position.

The chief financial officer, of the is for 17 years on the Intercontinental Exchange (ICE) and launched Bakkt the beginning of the year, a regulated Bitcoin-the marketplace for institutional investors build, looking for a commitment in the area of digital Assets. Announced by Governor Brian Kemp, to bestzen to the open Senate seat, it was not supported by President Donald Trump.

The news portal AJF reported that Trump had voted for the Republicans (freely translated):

Reg. Brian Kemp was appointed chief financial officer Kelly Loeffler to the United States Senate on Wednesday, and chose the co-owner of Atlanta’s WNBA Franchise, a member of Congress, the President, Donald Trump repeatedly called on the Republicans to select. In comments in Kemp’s ceremonial office, Loeffler was presented as a life-long Conservative, “pro-Second Amendment, pro-military, pro-wall, pro-Trump

to counter criticisms, to consider them as closet libertarians.

I don’t apologize for my conservative values and will support the conservative judges by President Trump proud.

Thank you @GovKemp for this important opportunity to serve our state and our nation. I am humbled by this honor and am grateful for the confidence you have placed in me. #gapol pic.twitter.com/qzmUNodd5D

— Kelly Loeffler (@kloeffler) December 4, 2019

The ICE continues to (Freely translated):

Loeffler will resign[as Bakkt CEO] before he is sworn in as the next U.S. Senator from Georgia, with the Senior Management Team of Bakkt continues to work closely with the ICE’s Senior Management Team and the innovations and progress of the past year building.

Loeffler told CNN that she plans to run in the next code, in order to retain his seat on January 2021 and beyond. The Community speculated currently, if Loeffler could drive the regulatory measures of the local authorities. Bitcoin-COP Mike Novogratz said in several Interviews that the United States could lose its pioneering role in the area of Blockchain and Fintech in China, if the authorities turn soon gear up (freely translated):

If the US regulatory authorities with Fintech allow for innovations that will take the Chinese for our lunch. XI’s comments on Friday were significant. Crypto and the Blockchain will be in the future part of the financial and consumer infrastructure.

While Loeffler is without a doubt a supporter of Bitcoin, and other digital Assets, however, seems to be their sole Position is not sufficient to ensure far-reaching changes in the legislation and for the creation of a new legal framework. It remains at this point to be seen what further developments will we see in the United States as well as in Germany in the field of regulation of crypto-currencies. Recently, a new draft of the EU caused enthusiasm, according to the banks from next year, would be able to hold Bitcoin to sell and for your customers to store. However, it remains for the time being, to be seen whether there will be further Changes to this law.

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