BME Clearing Gets Regulatory Approval to Clear Digital Asset Futures

Fazzaco learns that BME Clearing, the Spanish clearing house, has received the green light from the Spanish securities regulator Comisión Nacional del Mercado de Valores (CNMV) to clear futures contracts on Bitcoin and Ethereum, denominated in USD under the EU regulatory framework.

BME Clearing will launch a new segment for Digital Asset Derivatives, bringing digital assets to a secure and highly regulated environment, that will enhance the trading, clearing and cash settlement of digital asset futures.

José Manuel Ortiz, Head Clearing and Repo Operations, SIX, expressed his satisfaction with this new segment. "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 customerss," he said.

The new segment is a response to the demand from institutions for regulated access to digital assets.