Japan’s Bitcoin Exchange launches insurance products


nnnIn Japan, two foreign currency exchanges are introducing non-life insurance products to prevent losses associated with transaction failures. While it is not possible to provide immediate details of the policy, these products are said to aim to consolidate confidence in digital currency transactions. Shortly before the launch, the Japanese government officially regarded Bitcoin as a legal payment method, forming a regulatory framework for the country’s digital currency exchange.n
nnTranslation: Clovern
nJapan’s two special currency exchanges are introducing insurance products designed to prevent losses associated with transaction failures.n
nAccording to a Nikkei report, bitFlyer is working with MS

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