Search Results for "insurance policy"
5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
The World Economic Forum Forms Six Tech Policy Councils Including Blockchain
The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May.
Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm
Israeli’s largest insurance company fell victim to hackers this week and must pay huge amounts of funds in cryptocurrency to regain access to its data.
Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets
Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.
Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO
Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.
OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director
The director of the OECD’s Centre for Tax Policy and Administration has revealed that the OECD will release an international tax reporting standard for crypto assets in 2021.
American Health Firm Enhances Medical Record Transparency with Blockchain
For the next 3 years, American Health Insurance Company Anthem is reported to be adding blockchain technology to store and share medical history for its 40 million-plus consumer base.
King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament
Through its new policy report, King’s College London discloses that blockchain technology could be pivotal in dismantling nuclear warheads reliably, securely, and safely.
Federal Reserve “Flexible” Inflation Monetary Policy Could Boost Bitcoin Price as Investors Stock Up on BTC Safe Haven
Federal Reserve Chair Jerome Powell has announced new measures to control inflation, in a speech that could have long-term implications for the Bitcoin price and cryptocurrency.
JPMorgan says MassMutual Bitcoin Investment Signals Institutional Demand Could Quickly Grow by $600 Billion
JPMorgan thinks growing institutional demand could see up to $600 billion flow into Bitcoin in the near future after insurance giant MassMutual invested $100 million into BTC.
Exclusive: LabCFTC's Melissa Netram Talks Advancing Policy and Regulation in FinTech and Blockchain Through Times of Crisis
The United States Commodity Futures Trading Commission (CFTC) established LabCFTC as an initiative under the General Counsel’s office in 2017 aimed at promoting FinTech innovation and competition. The office has been very active with over 400 different private meetings held with innovators in the last three years. In addition, LabCFTC has published three primers in the marketplace based on their understanding of smart contracts, artificial intelligence, and crypto-assets.
Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development
Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing it own digital currency.