Representations of virtual currency bitcoin are seen through broken glass in this illustration taken June 25, 2021. REUTERS/Dado Ruvic/Illustration
LONDON (Reuters) - An industry body set out a global framework on Thursday for trading derivatives linked to cryptoassets to avoid FTX-style collapses sowing confusion over ownership.
The International Swaps and Derivatives Association (ISDA) published guidance for trading digital asset derivatives to clarify what happens when things go wrong in an underlying market, such as the collapse of crypto exchange FTX.
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