The Mexican Stock Exchange is exploring the possibility of adding cryptocurrency-based futures to its list of traded instruments. This was announced during an interview by the platform's CEO Jose-Oriol Bosch Par.
The top manager suggested the addition of futures on affiliated derivatives exchange MexDer.
According to El Economista, the option of launching an ETF based on a basket of cryptocurrencies on the Sistema Internacional de Cotizaciones platform, where foreign securities are traded, is also not ruled out.
According to Bosch Para, the topic was raised in a dialogue with the country's financial regulator. The exchange CEO stressed that the authorities were taking a cautious approach, trying to avoid a situation similar to the dot-com boom of the late 90s.
Recall that in September, the Bank of Mexico, the country's Ministry of Finance and the National Commission of Banks and Securities warned credit institutions of sanctions for using bitcoin.
Earlier, one of Mexico's richest men, Ricardo Salinas Pliego, said he trusted digital gold and called fiat money a fraud. He later announced the addition of his retailer Electra to support the Lightning Network.
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