Share this article
Argentina's First Bitcoin Futures Contract Officially Goes Live
The product was approved by the South American country’s National Securities Commission in April.
Updated Jul 13, 2023, 3:44 p.m. Published Jul 13, 2023, 3:44 p.m.
Argentina’s first bitcoin index-based futures contract went live on Thursday, giving qualified investors exposure to crypto in a manner regulated by the local authority.
The product is based on a bitcoin index powered by Matba Rofex, the Argentinian stock exchange that published the contract's regulations and trading guide in a statement released on Thursday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In April, the country’s National Securities Commission (CNV) authorized the launch of the contract, arguing that it wanted to “promote the development of new and innovative products by its regulated entities in the capital market.” It is the first crypto product approved by the CNV so far.
Matba Rofex added that at first, the product will be traded only by qualified investors as defined by the CNV, and therefore the intervening agents will be responsible for the verification of that requirement.
Among the warnings about the product, Matba Rofex said that fluctuating prices of crypto assets can result in significant financial losses for users, while it also clarified that the CNV does not have control over the providers of prices for the bitcoin index.
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin
Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.
Ano ang dapat malaman:
- According to the Nikkei, the Bank of Japan (BoJ) is set to increase interest rates to 75bps, the highest level in 30 years.
- Rising Japanese funding costs, alongside falling U.S rates, could force leveraged funds to reduce carry trade exposure, increasing downside risk for bitcoin.
Top Stories
