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As an global association of more than 1,000 participants in markets, the The International Swaps and Derivatives Association is influential and when it issues material it carries weight outside its own area of concern. So when it has published The ISDA Digital Asset Derivatives Definitions. It makes sense to pay attention, even if you aren't in swaps or derivatives.

The actions of Mohamed Lahouaiej-Bouhlel in driving a lorry into many people out for an evening watching Bastille Day fireworks, killing more than 80 and injuring many more, some seriously, was immediately branded an act of terrorism. It was terrible but it was not, necessarily, terrorism. Indeed, early signs were that it was not a terrorist attack in the normal sense of the word and as the story unfolds, it seems that his actions may not have been in the strict definition of terrorism. It's time to tone down the rhetoric and time to teach politicians and the media that they should not rush to use technical terms without a full understanding of what they mean - and how to prove them in Court.

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