The 30-day period during which the public can submit comment on the latest draft of New York’s BitLicense proposal has begun. The formal comment period was initiated by the publication of the notice in the New York Register, a weekly periodical designed to keep state citizens up-to-date on rulemaking. Following roughly three weeks since the introduction […]
30-Day Comment Period for BitLicense Revision Begins Today
BitBeat: BitGo Adds Comprehensive Insurance to Its Services (WSJ)
FEBRUARY 25, 2015, WSJ Bitcoin security company BitGo has secured a theft insurance policy attached to its proprietary multi-signature wallet protection service, a first for the digital currency industry that could pave the way for companies to provide greater assurances to customers that their bitcoins are safe. According to an announcement Wednesday, A-rated insurer XL […]
BREAKING NEWS: BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin Security (Bitcoin Magazine)
FEBRUARY 25, 2015, BITCOIN MAGAZINE BitGo, a leader in Bitcoin security, announced Tuesday it had secured first-of-its-kind insurance coverage for bitcoin theft through the Bitcoin Financial Group from the global, A-rated XL Group insurance companies. With this announcement, BitGo joins the list of industry leaders including Xapo and Coinbase that offer insurance for bitcoin stored […]
Cyberinsurance Veteran Teams With BitGo on ‘Watershed’ Insurance Policy (CoinDesk)
FEBRUARY 25, 2014, COINDESK, Bitcoin security specialist BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in theft insurance to customers who opt in to the program. The coverage will protect BitGo‘s web wallet and platform API clients from errors resulting from its technology, processes […]
New Hampshire Lawmakers Debate Accepting Bitcoin for Tax Payments
The New Hampshire state legislature held a pair of hearings earlier this month that focused on how the state could create a means for residents to pay taxes and fees using bitcoin. Up for debate is a bill recently filed by state representative Eric Schleien that would open the door for the state to accept bitcoin. The […]
