Crypto
Dubai Insurance launches crypto wallet for premiums and claims payouts
Dubai Insurance has launched a digital wallet that allows customers to pay insurance premiums in cryptocurrency and receive claims payouts in digital assets, Cointelegraph reported on Jan. 28 local time. The wallet is built on Zodia Custody infrastructure and operates under UAE regulation. Zodia Custody executive Jane Suren said insurers need trusted infrastructure as digital asset adoption accelerates. Cointelegraph said supported assets and coverage across products have not been disclosed.
