On 26 January 2023, the International Swaps and Derivatives Association, Inc. (ISDA) published new standard documentation for the trading of digital asset derivatives (the Digital Asset Definitions), and a whitepaper titled Navigating Bankruptcy in Digital Asset Markets: Netting and Collateral Enforceability (the Whitepaper) that addresses certain legal issues in the context of bankruptcy proceedings. We set out a few key points in respect of each document below.
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