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Cryptocurrency

Will SEC regulation and FTX suits cause more insurers to consider cryptoassets?

July 25, 2023 - In the fall of 2008, as the nation grappled with the consequences of what was generally considered the most severe financial crisis since the Great Depression, many questioned whether the traditional financial system best served their needs. With the extraordinary aftermath of the crisis, the seeds of the digital asset market were initially planted, when a person, or persons, using the pseudonym "Satoshi Nakamoto" published a Bitcoin whitepaper.This whitepaper introduced the idea of a "peer-to-peer" electronic cash payment system that would remove third-party intermediaries present in...