Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Dubai Insurance offers a crypto wallet so yo
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Dubai Insurance offers a crypto wallet so yo
Dubai Insurance offers a crypto wallet so you can pay premiums and collect claims in bitcoin
6 min read
Dubai Insurance offers a crypto wallet so you can pay premiums and collect claims in bitcoin
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.
By Olivier Acuna|Edited by Jamie Crawley
Jan 29, 2026, 3:32 p.m.
Make us preferred on Google
Dubai Insurance joins a handful of tradfi firms that have issued their own crypto wallet. (Photo by ZQ Lee on Unsplash/Modified by CoinDesk)
What to know:
- Dubai Insurance has become the first traditional insurer globally to launch a cryptocurrency wallet for customers to pay premiums, receive claims and transact digital assets.
- The wallet, developed with Standard Chartered–backed Zodia Custody, aligns with the United Arab Emirates’ push to integrate digital assets into mainstream finance under clearer regulatory rules.
- Executives say the move introduces regulated, on-chain infrastructure to the regional insurance sector, aiming to improve transparency, efficiency and customer experience while maintaining strict governance and security standards.
Dubai Insurance became the first in its sector on a global scale to roll out a cryptocurrency wallet for its customers to handle claims and premiums, and transact digital assets.
The fourth-largest insurer in the United Arabs Emirates (UAE)said it developed the crypto wallet in partnership with Standard-Chartered-owned crypto custodian Zodia Custody, in an emailed announcement on Wednesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Dubai Insurance’s venture into digital assets comes as the UAE increasingly pushes forward the integration of digital assets into mainstream financial services and as traditional firms (TradFi) experiment with blockchain-based payments amid clearer rules for custody and compliance. It also comes months after the country enacted a new central bank law that brought digital assets and decentralized finance (DeFi) into traditional banking regulatory compliance, positioning the country as a global financial innovation hub.
While crypto wallets are increasingly common among TradFi firms such as PayPal Robinhood and Revolut, their adoption by a regulated insurer signals a deeper shift in how legacy financial institutions are testing onchain infrastructure for real-world transactions.
“By becoming the first insurance company to enable the receipt of premiums and payment of claims in digital assets through a secure digital wallet, we are redefining how insurance services are delivered while remaining firmly aligned with regulatory and governance frameworks,” said Abdellatif Abuqurah, CEO at Dubai Insurance.
The move by the UAE firm introduces a regulated infrastructure that allows policyholders to transact using digital assets, while ensuring high standards of security, governance, and transparency.
DubaiUnited Arab Emiratescrypto walletZodia Custody
More For You
Pudgy Penguins: A New Blueprint for Tokenized Culture
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
View Full Report
More For You
Robinhood is investing in crypto trading platform Talos at $1.5 billion valuation
The $45 million Series B extension also includes participation from new strategic investors Sony Innovation Fund, IMC, QCP and Karatage.
What to know:
- Robinhood is investing in Talos in an extended Series B funding round valuing the firm at about $1.5 billion.
- Talos provides institutional-grade crypto trading infrastructure, serving hundreds of clients globally and asset managers representing roughly $21 trillion in AUM.
- The round highlights growing demand for crypto market infrastructure, as Robinhood deepens its blockchain strategy and Talos continues to scale through M&A.
Read full story
Latest Crypto News
Bitcoin's Quantum threat is ‘real but distant,’ says Wall Street analyst as doomsday debate rages on
Bitcoin tumbles to 2026 low of $85,200 as gold reverses big gains, Microsoft leads Nasdaq lower
CoinDesk 20 performance update: index drops 2.3% as all constituents trade lower
Russia plans to cap retail crypto buys at $4,000 as it brings digital assets into the legal fold
Robinhood is investing in crypto trading platform Talos at $1.5 billion valuation
Gold in 'extreme greed' sentiment as it adds entire bitcoin market cap in one day
Top Stories
SEC clarifies rules for tokenized stocks, tightening scrutiny on synthetic equity
First gold and silver, now oil is starting to rally and that's bad news for bitcoin
White House to meet with crypto, banking executives to discuss market structure bill
Metaplanet is raising $137 million to pay down debt and buy even more bitcoin
Bitcoin's no gold, and it's falling short for payments, too
Meta and Microsoft continue going big on AI spending. Here's how bitcoin miners could benefit
Latest Crypto News
Bitcoin's Quantum threat is ‘real but distant,’ says Wall Street analyst as doomsday debate rages on
Bitcoin tumbles to 2026 low of $85,200 as gold reverses big gains, Microsoft leads Nasdaq lower
CoinDesk 20 performance update: index drops 2.3% as all constituents trade lower
Russia plans to cap retail crypto buys at $4,000 as it brings digital assets into the legal fold
Robinhood is investing in crypto trading platform Talos at $1.5 billion valuation
Gold in 'extreme greed' sentiment as it adds entire bitcoin market cap in one day
Top Stories
SEC clarifies rules for tokenized stocks, tightening scrutiny on synthetic equity
First gold and silver, now oil is starting to rally and that's bad news for bitcoin
White House to meet with crypto, banking executives to discuss market structure bill
Metaplanet is raising $137 million to pay down debt and buy even more bitcoin
Bitcoin's no gold, and it's falling short for payments, too
Meta and Microsoft continue going big on AI spending. Here's how bitcoin miners could benefit
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip
The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
The Next Bitcoin Story Of 2025
The post The Next Bitcoin Story Of 2025 appeared on BitcoinEthereumNews.com. Crypto News 18 September 2025 | 07:39 Bitcoin’s rise from obscure concept to a global asset is the playbook every serious investor pores over, and it still isn’t done writing; Bitcoin now trades above $115,000, a reminder that the life-changing runs begin before most people are even looking. T The question hanging over this cycle is simple: can a new contender compress that arc, faster, cleaner, earlier, while the window is still open for those willing to move first? Coins still on presales are the ones can repeat this story, and among those coins, an Ethereum based meme coin catches most of the attention, as it’s team look determined to make an impact in today’s market, fusing culture with working tools, with a design built to reward early movers rather than late chasers. If you’re hunting the next asymmetric shot, this is where momentum and mechanics meet, which is why many traders quietly tag this exact meme coin as the best crypto to buy now in a crowded market. Before we dive deeper, take a quick rewind through the case study every crypto desk knows by heart: how Bitcoin went from about $0.0025 to above $100,000, and turned a niche experiment into the story that still sets the bar for everything that follows. Bitcoin 2010-2025 Price History Back to first principles: a strange internet money appears in 2010 and then, step by step, rewires the entire market, Bitcoin’s arc from about $0.0025 to above $100,000 is the case study every desk still cites because it proves one coin can move the entire game. In 2009 almost no one guessed the destination; launched on January 3, 2009, Bitcoin picked up a price signal in 2010 when the pizza trade valued BTC near $0,0025 while early exchange quotes lived at fractions of…
Share
BitcoinEthereumNews2025/09/18 12:41
MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows
The post MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows appeared on BitcoinEthereumNews.com. MOEX to Launch $XRP Indices/Futures: $MAXI Adoption
Share
BitcoinEthereumNews2026/02/04 06:00