United Nations Climate Change
Our aim is to help our clients understand the potential opportunities and challenges that COP25 may have on their business.
A global legal and regulatory guide to cryptocurrencies - Chapter 2
Publication | June 2015
Norton Rose Fulbright’s global blockchain and cryptocurrency team has produced a global legal and regulatory guide to cryptocurrencies.
The guide is issued in a series of chapters, published monthly.
Chapter 2: Insuring cryptocurrency risks
As bitcoin and other virtual currencies become better established, so it is likely that demand for insurance to protect against the particular risks associated with them will increase. Even as matters stand, it would appear that a nascent bitcoin insurance market is beginning to emerge.
If cryptocurrencies do become more prevalent over time, the insurance industry will be looking carefully at the risks which it is able to insure and on what terms. In this chapter, we seek to identify and discuss some of the issues we believe may come into focus, as insurers start to undertake this exercise.
Other chapters in the series:
- Introduction to cryptocurrencies
- The legal nature of cryptocurrency
- Cryptocurrency litigation risks
- Taking security over cryptocurrency
- Regulation of cryptocurrencies
If you would like to discuss any aspect of this topic further, please get in touch.
Contacts
Recent publications
Managing IMO 2020 Compliance: The Importance of Engagement Between Bunker Suppliers and Consumers
IMO 2020 is almost upon us. Readers are well aware of the impending switch to 0.5 percent fuel mandated by Annex VI of MARPOL which will cause an anticipated drop in HSFO demand, the potential hazards of new untested LSFO blends, the concerns around scrubber operations, the debate over open loop versus closed loop, and the myriad of other risks associated with the impending regulatory change.
Subscribe and stay up to date with the latest legal news, information and events...