A former deputy governor of the Bank of Canada says that there are inherent governance challenges that come with the cryptocurrency sector that must be addressed.

'Crypto' and 'volatile' currently seem to go hand-in-hand as the insurance cautiously navigates a 'wild west' crypto landscape.

A blueprint for a shared ledger for digital money would include central bank digital currencies, bank deposits and e-money from companies like PayPal — but not unsupervised cryptocurrencies.

Protecting cryptocurrency companies is a challenge for commercial insurers.

The Federal Deposit Insurance Corp. issued the letters ordering the companies to stop making false or misleading representations of deposit insurance.

In a joint statement on Thursday, the Federal Reserve and FDIC said it had issued a letter demanding that Voyager stop making such claims and correct previous statements.

Quantstamp incubated the new insurtech with backing from Munich Re and SOMPO Light Vortex. 

It’s not an obvious time to launch an insurance-like product backed by cryptocurrencies.

The U.S. government has been increasingly concerned about companies making false advertisements to consumers about deposit insurance.

The market for crypto insurance could hit $1 billion soon, some insiders predict.