A poster for bitcoin and cryptocurrencies in Hong Kong. OneDegree is one of four virtual insurance licensees in the city tasked with promoting the wider use of insurtech. Photo: EPA-EFE
A poster for bitcoin and cryptocurrencies in Hong Kong. OneDegree is one of four virtual insurance licensees in the city tasked with promoting the wider use of insurtech. Photo: EPA-EFE

Hong Kong virtual insurer OneDegree partners with start-up in maiden cryptocurrency insurance foray

  • OneDegree will offer up to US$100 million in coverage to HKbitEX
  • Insurer hopes to share its risk management and underwriting standards with other industry participants and regulators to increase adoption

Topic |   Banking & finance
A poster for bitcoin and cryptocurrencies in Hong Kong. OneDegree is one of four virtual insurance licensees in the city tasked with promoting the wider use of insurtech. Photo: EPA-EFE
A poster for bitcoin and cryptocurrencies in Hong Kong. OneDegree is one of four virtual insurance licensees in the city tasked with promoting the wider use of insurtech. Photo: EPA-EFE
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