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Mexican Stock Exchange To Consider Adding Bitcoin Futures To Listing

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Mexican Stock Exchange To Consider Adding Bitcoin Futures To Listing

The Mexican Stock Exchange is exploring the possibility of adding cryptocurrency futures to the list of traded instruments. The CEO of the platform, Jose-Oriol Bosch Par, stated this during an interview.

The top manager allowed the addition of futures on the MexDer affiliated derivatives exchange.

According to El Economista, a launch option is also possible ETF based on a basket of cryptocurrencies on the Sistema Internacional de Cotizaciones platform, where foreign securities are traded.

According to Bosch Par, the topic was raised in a dialogue with the country’s financial regulator. The CEO of the exchange stressed that the authorities are taking a cautious approach, trying to avoid a situation similar to the dot-com boom of the late 90s.

We will remind, in September, the Bank of Mexico, the Ministry of Finance of the country and the National Commission on Banks and Securities warned credit institutions about sanctions for the use of bitcoin.

Earlier, one of the richest people in Mexico, Ricardo Salinas Pliego, declared his trust in digital gold and called fiat money a fraud. He later announced that his retail chain Electra would add support for the Lightning Network.

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