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Blockchain in the Insurance Industry: Transforming and Innovating Opportunities

Introduction to Blockchain and InsuranceBlockchain technology has been making waves across various industries, promising unprecedented levels of security, transparency, and efficiency. The insurance industry, a critical pillar of the global economy, is no exception. With an increasing number of use cases emerging, blockchain has the potential to transform the insurance

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Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official – Regulation Bitcoin News

A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and

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