Derivatives Body ISDA Hopes New Digital-Asset Norms Will Prevent FTX-Style Losses

“Recent failures in the crypto market have emphasized the importance of having a clear, consistent contractual framework that spells out the rights and obligations of both parties following a default,” ISDA CEO Scott O’Malia said in a statement, adding that new definitions would help in bankruptcy cases.

Source

Spread the love

Related posts

Leave a Comment