The CEO of the Mexican Stock Exchange (BMV), through an interview broadcast on the official YouTube channel of the BMV, expressed that he is considering trading futures of cryptocurrencies in the Stock Market in addition to the futures derivatives market.
In the interview transmitted, José Oriol Bosch indicated that the Mexican Stock Exchange is in search of the pertinent authorizations for the start of operations in the market with cryptocurrencies, as they do in other markets in the world and even in Latin America.
In the statements offered by the head of the organization, he indicated that he estimates that cryptocurrencies have the expected evolution, Since so far there are doubts around them and that makes them unreliable, so that the ignorance of who has created the Bitcoin currently generates a negative expectation in more traditional sectors.
The use and custom of a investor of knowing that you are buying a share of a company that has a defined structure and purpose, in addition to knowing that behind that there is a human team that develops an activity, generates the certainty of ownership, this does not happen with cryptocurrencies, and therefore , it costs even more to build trust in the market surrounding it, making it volatile and unstable.
The intention of the organization to list cryptocurrencies is a reality, but it argues that it is not a unilateral decision, as an organization they are defined as intermediaries between a market that wants to buy and another that wants to sell, but that ultimately needs the necessary permission to include the digital assets in the instruments to operate.
In this sense, he said: “We are in the process of obtaining authorization to list cryptocurrency futures in the MexDer, but the financial authorities of Mexico have been more conservative than others on the subject.”
Mexico It is one of the countries with an adoption of cryptocurrencies that has been growing exponentially, despite the fact that in that country they are not regulated or regulated, and therefore inclusion in the stock market is a sign of progress in acceptance of the use of them.
With a peculiar insight and explanation, the CEO said that he regards cryptocurrencies as the evolution of the money, just as at one time was the issuance of banknotes without backing in physical gold, or as was the issuance of the credit card at the time. By this he clearly wants to explain that changes in fi systemsfinancial They have by nature a resistance to change, and ultimately everything centers on trust, and that trust is developed thanks to certainty and knowledge.
The fact that Satoshi Nakamoto is a total mystery for the community does not yet generate trust in many of the actors in the financial system and, therefore, the resistance that is currently shown within these financial actors.
If the list of cryptocurrencies is achieved in the Stock market, it would be added to the Stock Exchanges Chile, Brazil and Peru to mention Latin America.
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