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The Chinese government, working to launch their state-backed cryptocurrency, has confirmed seven of eight institutions to receive the currency initially.
After about a year of delays, the Bakkt Trust Co. has been cleared to offer their physically delivered Bitcoin Futures in September.
"...We’re seeing $200-400M a week in new crypto deposits come in from institutional customers.”
Blockchain, a popular online cryptocurrency wallet, is planning to launch a "lightning-fast" crypto exchange to compete with Coinbase and Binance. Blockchain has already secured $70 million in funding.