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Tag: insurance

Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers

August 17, 2021 wp-bot Bitcoin News

Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and

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Fitch Ratings warns El Salvador’s ‘Bitcoin Law’ will pose risk to local insurers

August 17, 2021 wp-bot Cointelegraph

Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans.

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Digital insurer Metromile follows through with $1M Bitcoin purchase

August 11, 2021 wp-bot Bitcoin News, Cointelegraph

In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021.

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Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain

August 2, 2021 wp-bot Bitcoin News, Blockchain

A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency.

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China Offers Medics Digital Yuan Insurance Policy for Covid-19

July 21, 2021 wp-bot Bitcoin News

China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed

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Digital yuan pilots expand to insurance industry for the first time

July 21, 2021 wp-bot Cointelegraph

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

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