The exchange announced it will adjust the asset structure of its Secure Asset Fund for Users, known as SAFU, by gradually converting its original one billion dollars in stablecoin reserves into Bitcoin. The conversion will be completed within 30 days from the announcement date. SAFU is Binance’s emergency insurance fund. It exists to protect users
Binance is shifting its flagship user protection vehicle, the Secure Asset Fund for Users (SAFU), from stablecoin holdings into Bitcoin over the next 30 days, re‑denominating the fund’s reserves into BTC. In an open letter to the crypto community, the exchange framed the move as an expression of its conviction that Bitcoin (BTC) is the
In partnership with Standard Chartered’s Zodia Custody, Dubai Insurance is the first insurer globally to issue a crypto wallet for its policy holders to transact with digital assets. Jan 29, 2026, 3:32 p.m. Dubai Insurance became the first in its sector on a global scale to roll out a cryptocurrency wallet for its customers to handle
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What do London, New York, and Bermuda all have in common? If you ask Jamie Cuffe, the answer is that each is a major insurance hub. Cuffe grew up across all three cities, as his father worked for Lloyd’s of London, the world’s oldest and most vaunted insurance market. He spent years in startups and
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The product was developed in partnership with BlackRock and uses the asset manager’s spot Bitcoin ETF, $IBIT. For everyday investors who want a taste of Bitcoin without the wild swings, this marks a new bridge between traditional insurance and digital assets. Fixed indexed annuities are designed to protect the investor’s principal while offering growth tied
WASHINGTON — Lawmakers on both sides of the aisle pressed health insurance CEOs on premium hikes, prior authorization rules and claim denials in back-to-back House committee hearings Thursday, zeroing in on how the insurers’ decisions are affecting patients right now. The CEOs of UnitedHealth Group, CVS Health Group, Cigna Health Group, Elevance Health and Ascendiun
Meghan and John Palmer own Prairie Star Farm in Allamakee County, Iowa. They say rising health care costs add to the financial pressures many farm families face.(Meghan Palmer) Last year was a tough one for farmers. Amid falling prices for commodity crops such as corn and soybeans, rising input costs for supplies like fertilizer and
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