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Argentitinian stock exchange of derivatives Rofex prepares to work with Bitcoin


The largest in Latin America, the Argentine Mercury de Termino de Rosario (Rofex) derivatives exchange is considering the possibility of launching bitcoin futures. Rofex has previously developed a plan to provide services for storing a digital asset and using bitcoin as collateral in futures trading for its customers. According to the head of the company Diego Fernandez, the proposal is still at the "laboratory stage", and the official announcement of Rofex will do "before the end of this year."

Fernandez stressed that traditional financial institutions are increasingly considering cryptocurrency as a way to expand business. When asked why Rofex decided to provide this service, he replied that it was the "main business of the company". However, to run any product for bitcoin, the company will have to obtain the regulator's permission.

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