Industry body clarifies what happens when crypto derivatives crash

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 ...

Tokyo confirms 5,061 new COVID cases on Thursday

Japan's health ministry says it confirmed 5,061 new cases of coronavirus infection in Tokyo on Thursday. The daily tally is down 2,658 from a week ago, for a ninth straight day of week-on-week decline ... ( read original story ...)