Bakkt CEO Kelly Loeffler Will Likely Become the Senator of Georgia This Week

• Bitcoin advocate and CEO of Bakkt, Kelly Loeffler will likely become the Senator of Georgia early this week

According to a report in The Atlanta Journal-Constitution (AJC), the CEO of Bakkt, Kelly Loeffler, will likely be appointed as the Senator of Georgia early next week. This appointment is happening due to Senator Johny Isakson stepping down, and if Loeffler is appointed she will serve as Senator until the general elections in November 2020.

The only caveat is that the Governor of Georgia, Brian Kemp, is in charge of the appointment process, and a last-minute change of heart is perhaps possible especially since President Trump has been urging the Governor to appoint Doug Collins.

Bakkt is the first venue to offer physical Bitcoin Futures, meaning Bitcoin contracts are settled daily for actual bitcoins, and trading volume on Bakkt has been rapidly growing. If Loeffler is appointed, it will be the first time that anyone who is running a crypto company has been appointed to any position in the United States Congress.

Aside from being the CEO of Bakkt, Loeffler is well-known as a crypto and blockchain advocate, and it seems quite possible that she will advocate for crypto right on the Senate floor.

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