Argentinian Futures Exchange Eyes Bitcoin Offering

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It would be the first market in Argentina with these products. Argentina was one of the fastest nation to adopt Bitcoin. It intends to stay at the forefront of the Bitcoin market.

Bloomberg News reported this today. Argentine bitcoin exchange started working on this plan around six months back. They have completed the preliminary drafts of its plans. The plan includes offering custody services for the digital asset. It also plans to provide clients to use Bitcoin as collateral in Futures trading. However, the regulatory authority would have to approve this idea. Argentine bitcoin exchange this year, in August, Chicago Board Options Exchange announced that it is exploring bitcoin derivatives opportunities.

This became the first federally regulated cryptocurrency derivatives exchange and clearinghouse. The increase in Bitcoin offering by leading financial institutions and market players across the globe will encourage investors. This large scale acceptance will help in keeping the price of Bitcoin soaring high. Your email address will not be published. Leave this field empty. Notify me of follow-up comments by email.

Notify me of new posts by email. Tuesday, May 8, Vinod Banjan November 3, November 4, News 0. Vinod Banjan A cryptocurrency enthusiast argentine bitcoin exchange Keen follower of Blockchain technology and HyperLedger having around 18 argentine bitcoin exchange of experience in IT industry.

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It would be the first market in Argentina with these products. Argentina was one of the fastest nation to adopt Bitcoin. It intends to stay at the forefront of the Bitcoin market. Bloomberg News reported this today. Rofex started working on this plan around six months back. They have completed the preliminary drafts of its plans. The plan includes offering custody services for the digital asset. It also plans to provide clients to use Bitcoin as collateral in Futures trading.

However, the regulatory authority would have to approve this idea. Earlier this year, in August, Chicago Board Options Exchange announced that it is exploring bitcoin derivatives opportunities. This became the first federally regulated cryptocurrency derivatives exchange and clearinghouse. The increase in Bitcoin offering by leading financial institutions and market players across the globe will encourage investors. This large scale acceptance will help in keeping the price of Bitcoin soaring high.

Your email address will not be published. Leave this field empty. Notify me of follow-up comments by email. Notify me of new posts by email. Wednesday, May 9, Vinod Banjan November 3, November 4, News 0.

Vinod Banjan A cryptocurrency enthusiast and Keen follower of Blockchain technology and HyperLedger having around 18 years of experience in IT industry.

Leave a Reply Cancel reply Your email address will not be published.