Crypto adoption: How FDIC insurance could bring Bitcoin to the masses
FDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption? Go to Source Powered by WPeMatico
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11% of US insurers invest — or are interested in investing — in crypto
Of the 328 CFOs and CIOs representing around half of the global insurance industry 6% responded their firm was either already invested or considering an investment into cryptocurrencies. Go to Source Powered by WPeMatico
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions. Go to Source Powered by WPeMatico
Question of centralization faces growing crypto insurance industry
Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized? Go to Source Powered by WPeMatico
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. Go to Source Powered by WPeMatico
Unslashed Finance raises $2M for crypto insurance platform
Investors include Lemniscap, P2P capital and others. Unslashed Finance has sold $400 million in coverage since its private launch last month. Go to Source Powered by WPeMatico
Cryptocurrency News From Japan: July 5 – July 11 in Review
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week. Go to Source Powered by WPeMatico
Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate
Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International Group, a Nassau private financial services provider founded in 1959, currently offers five basic products for … Read more
Chinese Insurance Firms Use Blockchain to Process Coronavirus Claims
Insurance claim processing firms in China use blockchain to reduce paperwork and accelerate procedures Go to Source Powered by WPeMatico
