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FTX US gains membership to international derivatives agreements body ISDA

FTX US has obtained a membership to the Futures Industry Association (FIA) and the International Swaps and Derivatives Association, Inc.(ISDA), putting the crypto exchange service on firmer ground when it comes to cleared swaps compliance. ISDA is an organization with an international membership that draws up agreements for member firms dealing in derivatives.  It sets out collective standards governing over-the-counter derivatives transactions in its Master Agreement, and helps individual parties come to individual agreements for standards related to their OTC …