Bitcoins- 2014 Review – Part 4
ICOS: RISKS AND INSURANCE
Should Insurance Firms Pay More Attention to ICOs? Last year, China made a decision to outlaw Initial Coin Offerings (ICOs) in the country. China’s main reason for this was the increase in cases of pyramid schemes masquerading as ICOs in the country. The government also considered the ICO structure of raising funds illegally. What are […]
RIMS 2015- FOR003- Bitcoins: The Next Cyberinsurance?
Session: FOR003- Bitcoins: The Next Cyberinsurance? Day/Date: Tuesday, 4/28/2015 Time: 11:30am – 12:30pm (60 minutes) General Overview of Session: There are more than 13 million bitcoins—more than $8 billion—involved in tens of thousands transactions every month. Bitcoins have been recognized as virtual currency by the U.S. Treasury Department and deemed taxable property by […]
Bitcoin acceptance is growing, as is the need for insurance cover
On March 1, Grayscale Investments announced that it had received regulatory approval from FINRA to trade its Bitcoin currency on an electronic platform operated by the OTC Markets Group. Experts believe this could pave the way for more stability in the price of Bitcoin. Here, Ty Sagalow, president of Innovation Insurance Group, discusses recent developments […]