The National Commission of Value, Argentina’s securities regulator, has approved a Bitcoin-based futures index set to debut on the Matba Rofex exchange. The Bitcoin futures contract will start trading in May, making the exchange the first regulated Bitcoin futures index in Latin America. This initiative comes as a part of an innovation agenda, which was launched in 2022 in order to create a space for public-private collaboration to develop new and creative products in the capital market. The Bitcoin futures contract will be based on the price of BTC provided by various entities in the nation offering BTC/ARS trading pairs. All trades will be settled in the national fiat currency.
CH-020074 (Webpage Portal) 2023-04-12 (Published) 2023-04-26 (Updated)