Surety bonds and cryptocurrencies generally do not mix well. With the current state of affairs in the cryptocurrency market, surety companies that have previously been crypto-friendly are canceling bonds. Some of these surety companies are refusing to do business with...
Money transmitter bonds are required in various states for entities that obtain licenses to transmit money. Generally, these bonds are looked at as not risky, but given what’s happening in the banking sector and the cryptocurrency market, a lot of surety markets...
