Japanese Bank to Offer Bitcoin Insurance
Go Japan - leading the way in the mainstreaming of crypto.
"Much how the Federal Deposit Insurance Company offers a level of insurance for bank depositors in the U.S., a Japanese bank is planning to offer cryptocurrency insurance for investors in the event an exchange collapses."
"...Mitsubishi UFJ Trust and Banking is “weaving a safety net” for Bitcoin investors in the wake of the 2014 Mt. Gox exchange collapse for which investors still haven’t received anything in return for their losses despite the huge increase in the valuation of its remaining assets in the current market. This insurance scheme could have a profound impact on cryptocurrencies in a country that reportedly accounts for 40 percent of the global market."
Fair Use 50% Applied
Full story and image source: https://www.trunews.com/article/japanese-bank-to-offer-bitcoin-insurance?utm_content=buffer61741&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
Thanks very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
your CryptoInvestmentExpert
I do not like the banks getting their paws in on this. Thanks for the info.
Agree
Hello colleague @wilx, I hope you feel very well :D. Very good post, I voted for it. I would like to invite you to follow me on my page @emmanuel250998 where I will be uploading every day the latest news about the world of cryptocurrencies. I also invite you to vote for my last post:
https://steemit.com/bitcoin/@emmanuel250998/nitial-coin-offers-have-raised-more-than-usd6-billion-dollars
I would very much appreciate your support. A big hug and greetings from Venezuela ;)
waoo its a great news you shared with us and feburary 2018 i am going to japan lol will also do this lolxx
Crazy move, but they seem to be ahead of the curve. And crazies usually win.
yes this seem really carzy
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by wilx from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.
This post has received a 0.16 % upvote from @drotto thanks to: @banjo.