September 27, 2020

Roger Vera's company is preparing to launch BCH derivatives

Roger Vera's company is preparing to launch BCH derivatives

Bitcoin.com, created with the support of Roger Vera, is preparing to launch Bitcoin Cash futures contracts. (BCH). It is reported by Bloomberg.

David Sheen, head of the launched cryptocurrency exchange Bitcoin.com, told the publication about the start of negotiations with representatives of the Futures Trading Commission (CFTC). As a result, Shin intends to obtain permission to include BCH futures on US trading platforms.

We will try to achieve listing of futures on BCH on one of the exchanges regulated by CFTC. Thus, we will have a product available for institutional traders from the USA, said Shin.

This step aims to increase BCH's position incrypto space. According to the head of Bitcoin.com, in order to achieve this goal, BCH, first of all, it is necessary to increase trading volumes. Shin added that he “would like to discuss listing of BCH futures with CME.