Ilene Froom, a partner in the Financial Markets and Funds practice, will participate in the "Crypto Derivatives Definitions: Next Steps" panel discussion at 2:30 p.m. on Thursday, May 11. Panelists will discuss the ISDA's published standard definitions for cash-settled forwards and options referencing Bitcoin and Ether in an attempt to bring greater clarity to this nascent class, which could be extended to other product types – and which could also be applied for smart contracts executed on distributed ledger technology (DLT). Discussion will include what the key provisions of the new definitions are, how the innovative new drafting style supports DLT and smart contracts, and what are the next steps?
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