Type: Articles Published
Bitcoin, arguably the only cryptocurrency so far to have become a household name, was launched in 2009 and has amassed a sizeable user base and made headlines all over the world. Since then, numerous new cryptocurrencies have been brought to market, many of which have recently surged in value, causing concerns among financial commentators of a “cryptocurrency bubble”.
This article considers some of the issues that an insolvency professional might face if appointed to a company whose assets are held in cryptocurrencies and looks at some of the overarching insolvency issues arising from the use of a payment infrastructure employing cryptocurrencies and distributed ledger technologies.
To read the full article, visit insol.org.