Industry heavyweights believe the decision will aid crypto exchanges Coinbase and Binance in their respective SEC lawsuits.
) to disclose their holdings. The new measures aim to enhance transparency in the accounting and disclosure of crypto assets in line with supervision guidelines that require accounting for each transaction involving crypto. The initiative also targets revising accounting standards that obligate disclosure of virtual asset transactions.
Argentina welcomed its first Bitcoin futures contract on July 13, three months after the country’s securities watchdogas part of a strategic innovation agenda. The Bitcoin futures contract will be based on the price of BTC quoted by several market participants providing BTC/ARS trading pairs. All trades will be settled with Argentine pesos, and traders are required to make deposits through bank transfers.
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