Bitcoin Life Granted Full Life Insurance Licence; Launches Regulated Bitcoin Product for International Investors
Bitcoin Life, trading name of Perpetual21 Limited, has been granted a full international long-term life insurance licence in Guernsey and launched a regulated Bitcoin-denominated whole-of-life, investment-linked insurance bond aimed at long-term Bitcoin holders doing estate planning. BitGo Europe GmbH, a subsidiary of NYSE-listed BitGo Holdings (BTGO), provides the institutional-grade custody and trading infrastructure behind the product, with policyholder protection and trust arrangements handled by independent Guernsey firms BWCI and Polo Insurance Managers.
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