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Major African Insurer Refuses to Cover ‘Risky’ Crypto Mining Equipment

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By CCN Markets: One of Africa’s largest insurers, Old Mutual, has announced it will no longer cover crypto mining equipment due to lack of regulation. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well with crypto miners. According to a local report, Old Mutual is convinced that the cryptocurrency industry is associated with cybercrime while the equipment used for crypto mining is highly modified and operates on a 24/7 basis, making it susceptible to malfunctions such as overheating. Old Mutual won’t cover crypto mining

The post Major African Insurer Refuses to Cover ‘Risky’ Crypto Mining Equipment appeared first on CCN Markets

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Bitcoin And Other Crypto Can Accelerate Adoption By Tweaking A Few Things

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Crypto is the future of money and financial transactions, and making it easier to use is only a few small changes away.

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Cryptocurrency ATMs Market: Qualitative Analysis of the Leading Players and Competitive Industry …

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The research report on Cryptocurrency ATMs market aims to impart an in-depth understanding of the growth prospects of this industry vertical over the …

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Japan Is Seriously Considering a Digital Yen: Report

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As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

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