Crypto Exchange Gemini Launches Captive Insurance Company Nakamoto

Announcements, News | January 20, 2020 By:

Gemini, a New York-based crypto exchange founded by the Winklevoss twins, has launched a captive insurance company to insure its crypto custodian firm Gemini Custody.

Licensed by the Bermuda Monetary Authority (BMA), the captive insurance company, called Nakamoto, will allow Gemini Custody to increase its insurance capacity beyond the coverage currently available in the commercial insurance market.

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Former CFTC Chair Teams With Accenture To Launch The Digital Dollar Project

Blockchain, News | January 17, 2020 By:

The Digital Dollar Foundation has teamed with professional services giant Accenture to advance exploration of a United States Central Bank Digital Currency (CBDC).

Formed by former Commodity Futures Trading Commission (CFTC) chair J. Christopher Giancarlo, Charles Giancarlo and Daniel Gorfine, the Digital Dollar Foundation is a not-for-profit organization created to launch the Digital Dollar Project,

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Crypto Exchange Kraken Acquires Australian Crypto Service Provider Bit Trade

Announcements, News | January 16, 2020 By:

Cryptocurrency exchange Kraken has acquired Australia’s longest-running crypto service Bit Trade.

Bit Trade enables fast, simple and secure trading of bitcoin and other cryptocurrencies by tapping into global exchanges and aggregating prices. Since launching in 2013, the firm quickly built a strong reputation for offering intuitive and sophisticated products without compromising security or regulatory compliance.

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