Digital asset companies are highly optimistic about the future, especially the prospect of greater regulatory clarity under the Trump administration, panelists on a recent Lockton and BGR Group webcast said.
The digital asset space continues to expand, with new entrants including both cryptocurrency-centric firms and traditional financial institutions. Given the prospect of greater regulatory clarity, companies in the space are more visibly focusing on innovation.
Some uncertainty remains about the administration’s exact plans and civil litigation remains an ever-present threat. Nevertheless, bipartisan support for the industry is growing, in part due to the advocacy of digital asset firms, financial institutions, Lockton, BGR Group, and other advisors.
The sense that the industry is moving in the right direction, including toward greater regulatory clarity, is helping insurers grow more comfortable with underwriting digital asset firms, which are benefiting from a generally favorable market for professional and executive coverage (opens a new window).
Watch a replay of our webcast (opens a new window) for more insights from Lockton and BGR Group.
