Global insurance trends

Did You Know Bitcoin Uses More Electricity Than The Netherlands?

Bitcoin accounts for an alarming rate of global electricity consumption, 0.55% of global electricity consumption, according to new research from ESCP Business School reveals. Philip Mawusi Adiamah, MSc in Energy Management Student, found that the […]

Insurance Regulation

Future Thinking: Digital Assets Need Standards, Regulation & Cover

It’s a fact that there are thousands of NFTs and crypto currencies out there. IE probably gets about 50 emails per day from PR agencies promoting all manner of digital investment opportunities. Some see it […]

Global insurance trends

More Regulated Crypto Market Could Reassure Investors

To gamble on crypto, or not to? That has been the question in 2021 and perhaps the answer would be swayed by tighter regulation in 2022? Another solution could be insurance against initial stake losses […]

Technology

HDI Global Teams Up With Hoyos on Crypto-Wallet Insurance

Industrial insurer HDI Global SE has developed an insurance solution for US company Hoyos Integrity Corporation. The provider of hot wallets used for storing bitcoin and other digital currencies is thereby reinforcing the “Hoyos Promise of Security” provided to its users. […]

Global insurance trends

Crypto: Ziglu Raises £7m Via Seedrs Campaign

IE still isn’t sure about the whole crypto currency thing, but plenty of investors are confident. UK-based banking and crypto app Ziglu has raised a record £7.19 million and closed its crowdfund campaign early on […]

UK Insurance Trends

Forbes Warns on Crypto’s Inherent Riskiness

Commenting on the Financial Conduct Authority’s (FCA) research on cryptoasset ownership, published recently, Kevin Pratt, money expert at Forbes Advisor UK, the personal finance insights and comparison website, said: “The FCA has repeatedly warned about […]

News

FCA Decision on Crypto ETNs Is A Backward Step, Says Association

The Financial Conduct Authority’s (FCA) recent decision to ban the sale of derivatives and exchange traded notes (ETNs) linked to cryptoassets to retail customers is a huge setback for the UK in maintaining its dominant […]