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The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’
18.9.2021
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that...
Chinese Banks Looking to Use Digital Yuan in Funds and Insurance Sector
31.8.2021
Some of China’s biggest commercial banks are looking to pilot digital yuan use cases for funds and insurance-related products – in a major move away from the core functions of the pilot thus far.
Since the central People’s Bank of China (PBoC) began its pilots, initiatives have focused on...
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
Discovering Insuretech: Blockchain Disruption of the Insurance Sector
29.6.2019
Wide implementation of blockchain can make insurance premiums plummet
MetLife To Soon Adopt Ethereum Blockchain, Wants To Disrupt The Global Insurance Sector
20.6.2019
Global leader of the insurance industry, MetLife is all set to revolution the industry by the use of blockchain technology. MetLife will revamp its use of Ethereum Blockchain in its operations, with the aim of enhancing transparency and efficiency in the claims settlement process....