The insurance policy is the largest in the cryptocurrency industry, reflecting heightened consumer protection standards.
Insurance News
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DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token holders.
9241Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans.
4376In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021.
5520China'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.
2932The project said it would be paying roughly 6,000 farmers for crops adversely affected by climate change before the end of the season.
3611Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction.
9746The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market.
15244The company will soon accept BTC payments for insurance premiums as part of a broader embrace of digital assets.
17806A blockchain financial services provider offers no-fee, no-cut virtual node hosting that includes insurance against slashing penalties.
8800ShapeShift has identified two unaffiliated projects as promising DeFi insurance protocols.
11057By transitioning to a fully DAO-governed model, Nexus could expand its user base and iron out tokenomic friction.
11525Institutional clients have shown strong demand for airtight and insured custody options.
10779All private AXA customers now have the option to pay insurance premiums for any non-life insurance products in Bitcoin.
20113The Linux Foundation and the American Association of Insurance Services are co-launching a blockchain-based platform to help the insurance industry.
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