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Brazil exchange operator B3 to offer bitcoin futures in April

Brazilian exchange operator B3 said on Thursday it received a green light from the country's securities regulator to offer bitcoin futures, with trading to start on April 17. B3, which currently offers exchange-traded funds (ETFs) and receipts of ETFs related to crypto assets, said the official date of the launch could still change. The company said in a statement the bitcoin futures will be tied to the Nasdaq Bitcoin Reference Price, with each contract set at 10% of bitcoin's price in Brazilian reais. B3 said the futures contract will have a financial settlement, with no buying or selling of actual bitcoin. 

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