Surety Bonds and Cryptocurrencies

Surety Bonds and Cryptocurrencies

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...
Depository Bonds

Depository Bonds

Depository bonds are a type of surety bond. These bonds guarantee that deposits over the FDIC limits are safe. The bond is a source of payment to certain depositors if the bank collapses. Given what’s happening in the banking system, many sureties are canceling,...
Subdivision Bonds — Part 4

Subdivision Bonds — Part 4

Suretyship is one of the oldest professions in the world, but few are familiar with the industry. In a way, a surety bond is similar to having a co-signer for an obligation. It is viewed as an extension of credit. If the developer of a project fails to build what is...