Argentine Regulator Approves Bitcoin Futures - Coinleaks
Current Date:September 18, 2024

Argentine Regulator Approves Bitcoin Futures

Argentina’s securities regulator, Printing House Rofexto be released on the stock exchange bitcoinapproved a futures index.

bitcoinfutures contract May It is expected to start trading in May. stock market, it Latin AmericaFirst edited in bitcoin claimed to have futures transactions. Bitcoin futures contract BTC/ARSprovided by various organizations offering trading pairs BTC will stand the price. All transactions will take place in the national fiat currency, and investors will have to deposit Argentine pesos via bank transfer, according to the statements.

Crypto Adoption Increases

Argentinathe securities regulator of National Value Commission (CNV)confirmed the Bitcoin futures index.

The regulated Bitcoin futures index is planned to offer qualified investors a secure path in a transparent and regulated environment. At the same time CNV, Printing House Rofexasked its platform to add notices warning investors of the risks associated with such financial instruments.

Argentina Ministry of EconomyA bill recently proposed by the U.S. has encouraged citizens to declare their crypto assets. South AmericaHis country has taken a pro-crypto stance over the years and crypto adoption has nearly doubled compared to neighboring countries.