Topics · Domains · Onchain finance

Insurance and risk transfer.

Insurance appears in two ways: requirements for platforms to insure client assets, and new on-chain products that transfer risk.

Few Asian markets have crypto-specific insurance rules yet; most rely on platform-level requirements.

By market · 8 sources across 5 markets

East Asia

South Korea1 source
- The Act on the Protection of Virtual Asset Users to Take Effect from July 19In forceFinancial Services Commission (FSC) · 17 Jul 2024
  FSC summary of the Act: bank custody of user funds, cold storage and insurance duties, the ban on unfair trading, and FSC/FSS supervisory powers over VASPs.
  Read the original
South Korea's full rulebook

Middle East

UAE1 source
- Federal Decree-Law No. (6) of 2025 Regarding the Central Bank, Regulation of Financial Institutions and Activities, and Insurance BusinessIn forceUAE Federal Government / Central Bank of the UAE (CBUAE Rulebook) · 16 Sep 2025
  Replaces the 2018 Central Bank law and brings licensed financial activities carried out through any technology, including virtual asset payment services, within the Central Bank's licensing (Article 62); virtual assets held for investment are excluded. In force 16 September 2025, with one year to comply (Article 184).
  Read the original
UAE's full rulebook

Oceania

Australia1 source
- Crypto-assets: Risk management expectations and policy roadmapGuidanceAustralian Prudential Regulation Authority (APRA) · 21 Apr 2022
  Sets APRA's expectations for banks, insurers and super funds engaging with crypto-assets, and a roadmap toward Basel-aligned prudential rules.
  Read the original
Australia's full rulebook

Offshore hubs

Bermuda4 sources
- Consultation Paper: Guidance Note on the Use of Recognised Stablecoins within Bermuda Insurance, Insurance-linked Securities and Investment Fund StructuresConsultationBermuda Monetary Authority (BMA) · 20 Jul 2026
  Proposed guidance on when funds, limited purpose insurers, ILS funds and intermediaries may use recognised stablecoins: fiat-pegged, backed 1:1 by cash or cash equivalents and redeemable at par by the next business day.
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- The Government of Bermuda Announces Plans to be the World's First Fully Onchain National Economy with support from Circle and CoinbaseGuidanceGovernment of Bermuda, Cabinet Office and Digital Innovation · 19 Jan 2026
  Announced at Davos: Circle and Coinbase will provide infrastructure to the Government, banks, insurers and businesses, government agencies will pilot stablecoin payments, and merchants could accept USDC payments.
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- Guidance Note: Digital Asset Business, Guidance for Prospective Applicants for LicensingGuidanceBermuda Monetary Authority (BMA) · Sep 2025
  Sets out what the BMA expects in a DABA licence application, from the legal vehicle, head office and staffing to outsourcing, insurance, capital and custody. It names SAC, ISAC and trust structures as bankruptcy-remote options firms have used.
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- Digital Asset Business (Client Disclosure) Rules 2018In forceBermuda Monetary Authority (BMA) · 11 Sep 2018
  Require licensees to disclose all material risks before a client's first transaction, and their licence class, fees, insurance cover and whether transfers are irrevocable when agreeing to provide services.
  Read the original
Bermuda's full rulebook
Cayman Islands1 source
- Rule and Statement of Guidance: Market Conduct for Virtual Asset Service ProvidersIn forceCayman Islands Monetary Authority (CIMA) · Feb 2026
  Applies to all VASPs: conflicts of interest, client asset segregation, insurance, marketing and risk warnings, onboarding, complaints, own-account trading, and specific duties for trading platforms and custodians.
  Read the original
Cayman Islands's full rulebook

No dedicated rule found yet in 26 markets: