Trump Isn’t Sold on Bakkt CEO Kelly Loeffler Becoming US Senator
Adrian Zmudzinski's original article for cointelegraph.com reduced by 47%
Georgia Governor Brian Kemp is expected to appoint Kelly Loeffler, CEO of institutional Bitcoin futures platform Bakkt, for a United States Senate seat next week. Atlanta's local news outlet AJC reported on Nov. 29 that Kemp plans to choose Loeffler in a bid to expand the appeal of the Republican party to women.
Loeffler could also finance GOP activities with her personal fortune, which the outlet suggests could break fundraising records. Unspecified Republican Party officials allegedly told the outlet that Kemp is expected to publicly announce Loeffler's appointment at a press conference next week. The President and many among his followers are not sold on Loeffler viewing her as too moderate.
The outlet also reported that Kemp met with the President and Loeffler last week to try to obtain Trump's approval of his pick for the Senate seat but to no avail. Institutional interest in Bitcoin is seemingly increasing with Bakkt having recently set another new daily volume record trading $42.5M in Bitcoin futures contracts on Nov. 28.
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CN [too long; didn’t read]
Summarised crypto news.