Former Bakkt CEO Kelly Loeffler Sworn Into United States Senate

Former Bakkt CEO Kelly Loeffler has been sworn into the United States Senate, as the state of Georgia’s newest Senator.

As former CEO of Intercontinental Exchange (ICE)-backed crypto trading platform Bakkt, Loeffler’s presence in the US Senate marks something of a milestone, introducing crypto expertise into an institution that has proven remarkably ignorant of technological progress.

49-year-old Senator Loeffler, who replaced 75-year-old Senator Johnny Jackson, has already voted in favour of US President Donald Trump’s  pick to lead the Small Business Administration.

In fact, despite her crypto background, Loeffler is a through-and-through Trump-style Republican, describing herself as a “lifelong conservative. Pro-Second Amendment. Pro-military. Pro-wall. And pro-Trump.”

However, she has also been slammed by Trump supporters for being too moderate and for a perceived lack of experience – something hard to fathom considering her business career!

Regarding Loeffler’s state, Georgia, though a bill was proposed to allow state taxes and licenses to be paid using cryptocurrencies back in February 2018, nothing seems to have happened with it.

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