๐ The futures contracts allow investors to gain exposure to Bitcoin's price without having to own the underlying asset. They will be traded and settled in Argentine pesos.
The move is part of the CNV's strategic innovation agenda, which aims to adapt to the challenges posed by new technologies in the provision of financial products. It also seeks to promote the development of novel and innovative products by regulated entities in the capital market.
The Bitcoin index will be based on the price of Bitcoin provided by different price providers and entities that facilitate the BTC/ARS pair operation. Deposits will be made in Argentine pesos through bank transfers. It is important to note the CNV has no regulatory authority or control over these providers. Find out more through the link in bio. Follow benzinga
.
.
.
.
.
.
.
#bitcoin #crypto #btc #bitcoins #blockchaintechnology #argentina #bitcoinfutures #bitcointrader #cryptotrading #cryptonews #cryptotrader #cryptocurrency #cryptocurr...