Argentina enters the crypto futures market by launching its first bitcoin futures contract, opening new investor opportunities
Argentina launched its first-ever bitcoin futures contract on July 13. The introduction of this investment vehicle comes merely three months after the country's securities watchdog approved the underlying index as part of its strategic innovation agenda.
In April, the Comisión Nacional de Valores, Argentina's securities regulator, approved the bitcoin futures index. This move aimed to foster collaboration between the public and private sectors to create new financial products.