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Argentina's Largest Futures Market to Add Bitcoin

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The largest futures market in Argentina, the Mercado de Termino de Rosario (called Rofex) is planning to open a new market. to offer Bitcoin futures to its clients. The move comes as the country literally embraces cryptocurrency in all sectors because of the massive rise in inflation – called bitcoinization.

While the potential for futures in Argentina is enormous, Rofex hopes to quickly capitalize on the potential. The current process is still the "laboratory stage", but the exchange plans to make an announcement before the end of the year. According to the director of Rofex, Diego Fernandez:

"Although the approach of customers is" still in a laboratory phase ", with Blockchain services and other related to cryptocurrencies as possibilities, "our idea is to make an announcement before the end of the year. "

Following the trend

The adoption in the country, and the adoption of the new term economy at the international level, are signs of the new follows the announcement by the Chicago Mercantile Exchange (CME) of the BTC's futures bids.

GCE news is likely a driving force behind substantial price rises as potential increased to over $ 7,500 per bitcoin yesterday, but traced in recent trade.

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