ISDA will develop a regulatory framework for cryptocurrency derivatives
The International Swaps and Derivatives Association (ISDA) called cryptocurrencies a unique asset class and announced the development of a regulatory framework for cryptocurrency derivatives. “We recognize that digital currencies are a unique asset class, and appropriate terminology must be created to develop regulations,” said Scott O’Malia, CEO of ISDA. In its report, the Association spoke about the risks that may affect the cryptocurrency derivatives market. ISDA is concerned about hard forks, soft forks, hacker attacks,…
