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, a large portion of our counterparty transactions are with spot trading companies, which have hedging
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on Counterparty Credit Risk Management 2（2011）（下文用：Interagency Guidance）（在管理“交易對(duì)手可能違約或信譽(yù)惡化的風(fēng)險(xiǎn)”方面，提出“健全的做
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cash flow during industry downturns. Secondly, if the counterparty is a leading multinational
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counterparty risks. While these factors collectively underscore Bitcoin’s evolution into a more substantial
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more attention to counterparty risk is beneficial. Otherwise, the market would truly malfunction
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acquiring valuable cash flow during the industry's downturn. Secondly, if the counterparty
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central clearing agencies, rather than requiring separate ones for each counterparty, which will reduce
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for determining payouts if a derivative counterparty defaults, bringing China’s standards in line with those
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