Regulation

UAE’s First Bitcoin Exchange Launches in Dubai

UAE’s First Bitcoin Exchange Launches in Dubai

Multinational bitcoin exchange igot will today launch the first bitcoin exchange in the United Arab Emirates (UAE), to capitalize on the unique opportunity posed by the market. The Australia-based company’s founder Rick Day told CoinDesk the new exchange will operate with a Commercial Brokerage License, approved by the local government.…

Insurance

Coinbase Insurance Has Been Active for Almost a Year

In a surprise post on Coinbase’s blog today, Coinbase revealed that they have “been insured for almost a year.” Coinbase insurance was secured through worldwide insurance broker, Aon. Aon has over 60,000 colleagues worldwide and provides services for clients in over 120 countries. That Coinbase is securing insurance from a potentially…