One of the major health insurance companies in Switzerland made Bitcoin and Ethereum payments available to policyholders.
and according to Monday's announcement, Atube Health Insurance is partnering with digital financial services firm Bitcoin Swiss for its 200,000 clients to make payments using Bitcoin (BTC) or Ethereum (ETH).
Bern-based Atobre will not hold any digital assets per se. Rather, you will receive paper payments in Swiss francs once Bitcoin or Ethereum are exchanged with Bitcoin Suisse.
/ p>
The insurer - which has annual sales of approximately $ 887 million as of 2019 - will pay customers for any mining-related fees.
Caroline Millie, Head of Marketing and Sales at Atube said: As a digital leader in the healthcare sector, we anticipate social trends and offer insurance solutions with long-term horizons ... Blockchain technology and the associated use of digital currencies are becoming increasingly important.
Bitcoin Swiss has held more than $ 1 billion in assets and has undertaken projects in various financial sectors for some time. In May, the cryptocurrency broker added custody and storage support services for Tezos (XTZ), and listed gold, silver, and platinum for trading on its platform.
has also reportedly plans to introduce a security token next year and have its assets listed on the stock exchange by 2022, according to Coin Telegraph.
Residents of Switzerland are often at the forefront of cryptocurrency solutions. The country is home to Crypto Valley, a fintech-friendly region based in Zug where many institutions and even public transport accept digital currencies.
The Swiss municipality of Zermatt recently launched the option to pay Bitcoin tax in partnership with Bitcoin Swiss.
(Amazon Fun Knowledge)
