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The expert pointed to the elimination of currency risks when linking futures to bitcoin.

Golubovsky: Bitcoin-linked futures will help eliminate currency risks
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Photo: IZVESTIA/Yulia Khramtsova
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Settlement futures linked to bitcoin can be useful in foreign economic trade, as it will make it easier to eliminate currency risks. On May 30, financial analyst Dmitry Golubovsky shared this opinion with Izvestia.

Earlier, the Moscow Stock Exchange announced the launch of bitcoin futures trading, which will begin on June 4. Participation in the bidding of the new instrument will be available only to qualified investors.

"Bitcoin futures allow you to make rubles from cryptocurrencies. That is, to transfer the value of the transaction, which is concluded in bitcoins, into rubles, and by a certain date to eliminate the currency risk associated with fluctuations in the cryptocurrency. <...> If you conduct some kind of foreign economic activity in bitcoins, then you eliminate the currency risk with futures," he explained.

Golubovsky added that any futures have a certain expiration date, and therefore it is not a means of investment.

"This is not an investment, it is an organization of trade, and it is called "hedging currency risks," the expert emphasized.

Denis Astafyev, founder of the SharesPro investment company, told Izvestia on May 12 that bitcoin could update its historical maximum in 2025. In his opinion, the rate may reach $ 120-130 thousand. Later, Evgeny Shatov, a partner at Capital Lab, suggested that bitcoin could reach $130-150 thousand in the summer.

Переведено сервисом «Яндекс Переводчик»

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