Local exchange Matba Rofex received on Tuesday the authorization from Argentina’s securities regulator CNV to launch regulated Bitcoin futures.
Matba Rofex will trade the instruments starting in May, president Andres Ponte said in a statement via text message.
“We are the first Latin American exchange to launch regulated Bitcoin futures”, Ponte said and added it is likely that Matba Rofex will require investors to deposit a guarantee of about 40% of the value of the futures contract. Also, CNV asked the exchange to display warnings about trading in these type of instruments.
The underlying asset for the new futures will ...
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