BME secures regulatory approval for its new Digital Assets Derivatives segment
SIX announces that Spanish central counterparty (CCP) BME Clearing has obtained regulatory approval from Comisión Nacional del Mercado de Valores (CNMV) to clear Bitcoin and Ethereum futures, denominated in USD under the EU regulatory framework.
BME Clearing is adding a new segment for Digital Asset Derivatives, introducing digital assets to a secure and highly regulated environment, that will upgrade the trading, clearing and cash settlement of digital asset futures.
José Manuel Ortiz, Head Clearing and Repo Operations, SIX, commented:
“This milestone reflects our dedication to empowering institutions, clients and investors with innovative solutions, contributing to the continued growth of the digital asset ecosystem, and ensuring a secure and efficient trading experience for all our valued customers”.
The introduction of this segment is a response to the demand from institutions for regulated access to digital assets.