Australian Decentralized Capital Collaboration to Provide CryptoCurrency Services:
This is an Australian consulting firm "specializing in blockchain property" and "asset management services"
They will work with Custodian Vaults, a private Australian company.
It has been advised that the Group has been decentralized and that the supervisory banks are cooperating to provide covered cryptocurrency monitoring services as described as Australia's first cryptocurrency insurance.
Do you feel that cryptocurrency investors are in need of a larger array of monitoring services to secure their assets? Please share your opinion!
Another good news for cryptocurrency since this is the first country have offers an insurance for crypto, so this will attract more people will use cryptocurrency like bitcoin and different altcoins , but I think this is a development of country having a legislation of cryptocurrency , because it could be very difficult to have an insurance if there is no rules and regulations about crypto .