MysterylitRapture
Thu Sep 19 2024
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6 answers
1239
What is a COTS contract?
Excuse me, could you please elaborate on what exactly a COTS contract stands for and what its purpose is within the realm of finance and cryptocurrency? I'm particularly interested in understanding the specifics of how it differs from other types of contracts and what benefits or drawbacks it may have for parties involved in a transaction. Additionally, are there any regulatory considerations or industry standards that govern the use of COTS contracts in the current market?
