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Bakkt's International Expansion
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Crypto trading firm Bakkt expands into five international markets, including Latin America, the United Kingdom, the European Union, Hong Kong, and Australia. The company is reducing its cash burn and investing in areas like custody to enhance its position in the market.
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How might Bakkt's expansion into international markets impact the global crypto trading landscape?
In what ways could the decline in blockchain developers in the U.S. impact the development and adoption of cryptocurrencies?
What factors contribute to the maturity of the current crypto market cycle, and how might this influence the future of the industry?
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