In this GCP Short, produced in collaboration with international law firm Walkers, we bring you a fascinating case study of the world’s first captive formed to insure crypto custody.
Richard is joined by Sarah Demerling, a Partner at Walkers in Bermuda, and Yusuf Hussain, Head of Risk at Gemini, a secure platform to buy, sell and store cryptocurrency.
Yusuf talks through why Gemini decided to establish a captive in January 2020, the state of the insurance market for crypto risk and what lies in the future. Sarah provides a legal perspective of the considerations involved and the regulatory environment’s response to this new type of risk.
