- A friend of cryptocurrency is set to be making waves inside the US Senate.
- The CEO of Bakkt, Kelly Loeffler is going to be appointed as the new US senator of Georgia.
- CBS News has reported the decision would come into play on January 1st, 2020.
A friend of cryptocurrency is set to be making waves inside the US Senate.
The CEO of Bakkt, Kelly Loeffler is going to be appointed as the new US senator of Georgia. CBS News has reported that a source familiar with the plan to make Loeffler a senator confirmed the news, saying the decision would come into play on January 1st, 2020.
We don’t yet know who is going to succeed Loeffler as the head of Bakkt, but her progress to congress in the US could prove to be a big thing for the crypto industry.
When she becomes appointed in the senate, Loeffler will become the second female US senator in Georgia’s history. So not only is this bullish news for crypto but it is also a great feat for the future of the state and country as a whole.
Loeffler is said to have been handpicked for the seat in order to bring in a specific group of voters that the Republican party is very much missing at the moment.
Tim Echols, the Public Service Commissioner, also put his name in the hat for the seat. He spoke to The Atlanta Journal-Constitution that the current Georgia Governor, Brian Kemp made the right decision by choosing Loeffler.
“Kelly, or any outstanding conservative woman, helps Republicans win back suburban women who seem to have left our party in the last cycle. The governor knows what he’s doing.”
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!