FATF Updates Guidance on Virtual Crypto Assets – NFT, DeFi & Stablecoin’s Standards
FATF issues its annual targeted update on the implementation of its standards on Risk-Based Approach to Virtual Assets
Crypto Insurance reviews on Beinsure media explores the growing field of insurance designed to protect cryptocurrency assets and blockchain technologies. As the adoption of digital currencies and decentralized finance (DeFi) expands, so do the risks, including cyberattacks, fraud, and regulatory challenges.
This category covers developments in insurance products tailored for crypto-related businesses and investors, highlighting policies that mitigate risks such as hacking, theft, and smart contract vulnerabilities. It also examines the role of traditional and specialized insurers in creating innovative solutions for this emerging market. Through articles, reports, and expert analysis, the “Crypto Insurance” section offers insights into the evolving landscape of risk management in the digital asset space.
FATF issues its annual targeted update on the implementation of its standards on Risk-Based Approach to Virtual Assets
For the digital asset market, insurance has proved something of a conundrum. As the sector has surged in value, the need for coverage has grown, but it has not proven easy
Some customers of crypto companies, such as crypto custodians, exchanges, brokers, wallet providers, and neobanks may be confused about Insurance Coverage
From an underwriting perspective, crypto assets may lead to unexpected losses and opportunities for new forms of insurance coverage