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Avo Receives First Virtual General Insurer License in Hong Kong
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Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth
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R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.

Tokocrypto Gets Green Light as First Indonesian Crypto Exchange
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Tokocrypto Gets Green Light as First Indonesian Crypto Exchange

Tokocrypto becomes the first cryptocurrency exchange platform to be approved by the Indonesian government. Having being established in Indonesia, Tokocrypto seeks to stamp its authority in this nation in the crypto space. Since 2018 to date, it has facilitated at least US$250 million in cryptocurrency assets.

Kraken Is the First Cryptocurrency Exchange to Become a US Bank
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Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

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