Summary of Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
Summary of Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
The source article:
Relm Insurance, a Bermuda-registered company, has introduced a policy that covers bitcoin miners' business interruption periods in the same currency they are mining, thanks to its Class Innovative Insurer General Business (IIGB) license from the Bermuda Monetary Authority. This is the first policy of its kind, denominated in bitcoin.
The source article:
quoting nevent1q…rn9zRelm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
https://www.coindesk.com/business/2024/10/03/relm-insurance-introduces-btc-denominated-policy-for-bitcoin-miners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Relm Insurance, a Bermuda-registered company, has introduced a policy that covers bitcoin miners' business interruption periods in the same currency they are mining, thanks to its Class Innovative Insurer General Business (IIGB) license from the Bermuda Monetary Authority. This is the first policy of its kind, denominated in bitcoin.