Building crypto deposit insurance requires two things most protocols do not have together: deep capital markets experience and serious blockchain infrastructure capability. Here is the team doing both at BDIC.
> Jeffrey A. Glusman, CEO and Founder. Former Merrill Lynch executive. Capital markets and institutional finance background. Founded Blockchain Deposit Insurance Corporation to build the trust infrastructure crypto deposit insurance requires.
> Paul Kohli, Co-Founder and Managing Director, Pan-Asian Operations. Based in Hong Kong. Leads BDIC's strategy and expansion across the Asia-Pacific region. The APAC market is one of the highest-growth crypto adoption markets globally.
> Adriano Raimondi, Chief Risk and Compliance Officer. CAMS-certified. 18 years of AML expertise. Oversees BDIC's risk framework and regulatory compliance across all operating jurisdictions. Compliance-first from day one.
> Allen Sautter, CISO and CIO. Former Federal Reserve Bank of Atlanta and AWS. Leads BDIC's security architecture and information infrastructure. Federal Reserve experience in a crypto insurance protocol is not common.
> Oliver Pluckrose, CTO. Leads BDIC's smart contract development and technical architecture. David Ratner, Chief Investment Officer. Markets and securities trader, private capital since 2002. Investor sentiment and market cycle strategist. Began his career at May Davis Group in M&A and business development.
HQ: Hong Kong. Offices in Switzerland and Canada. Active expansion across the Middle East, Africa, and the Caribbean.
The team matches the ambition of the infrastructure.
https://t.co/DSLBehOGe9
A secure wallet is a secure mind.
#crypto #cryptoinsurance #bdicinsurance #cryptocurrency #education
What is stablecoin insurance?
Stablecoin insurance is a financial product that provides coverage to stablecoin holders against qualifying loss events. It is distinct from the regulatory protections under frameworks like the GENIUS Act and MiCA, which establish issuer-level requirements but do not provide recovery for holders when a compliant stablecoin de-pegs or fails.
BDIC StableCover Pro is the institutional stablecoin insurance product offered by Blockchain Deposit Insurance Corporation. It covers qualifying losses from de-peg events, redemption failures, and issuer risk scenarios. Claims are processed automatically via smart contract on-chain.
Stablecoin insurance is built for the residual risk regulation cannot eliminate.
https://t.co/DSLBehOGe9
#stablecoin #cryptoinsurance #bdicinsurance #GENIUSAct #stablecoininsurance
The GENIUS Act takes full effect July 18, 2026. Every stablecoin issuer in the United States operates under federal rules from that date.
What changes for holders? What does it not cover? Where does insurance fit?
New on the BDIC Medium: A complete guide to the GENIUS Act and stablecoin insurance.
https://t.co/zNw30HUum3
#GENIUSAct #stablecoin #cryptoinsurance
Two major stablecoin regulatory frameworks took full effect in July 2026. They share goals. They differ in the details. Here is how the GENIUS Act and MiCA compare.
Reserve composition. GENIUS Act: USD, short-term Treasuries, overnight repos, Federal Reserve credits. MiCA: high-quality liquid assets with broader composition allowed including bank deposits and short-term sovereign debt.
Audit frequency. GENIUS Act: monthly audits by registered accounting firms. MiCA: ongoing supervision with reserve disclosure requirements determined by the issuer's significance classification.
Interest payments. GENIUS Act: explicitly banned. MiCA: prohibited. Both frameworks treat stablecoins as payment instruments, not investment vehicles.
Geographic scope. GENIUS Act: US-issued stablecoins and US institutional holders. MiCA: any stablecoin issued in or distributed to the European Economic Area.
Insurance backstop. GENIUS Act: none. MiCA: none. Both frameworks regulate the issuer and reduce systemic risk, but neither provides recovery for holders if a compliant stablecoin de-pegs.
BDIC StableCover Pro is the institutional stablecoin insurance product designed for the residual risk both frameworks leave uncovered.
https://t.co/DSLBehOGe9
#GENIUSAct #MiCA #stablecoin #cryptoinsurance #bdicinsurance
The GENIUS Act is the first federal stablecoin law in the United States. Here are 5 things every stablecoin holder needs to know.
1. Reserve requirements are now mandatory. Stablecoin issuers must hold 1:1 reserves in US dollars, short-term Treasury bills, overnight repos, or Federal Reserve credits. No exceptions.
2. Monthly audits are required. Reserve composition reports are audited by registered accounting firms and submitted to federal regulators on a recurring schedule.
3. Interest payments to holders are banned. The GENIUS Act explicitly prohibits paying interest or yield on stablecoin holdings. These are payment instruments, not yield instruments.
4. The OCC has direct oversight. Federally chartered stablecoin issuers operate under Office of the Comptroller of the Currency supervision. State-chartered issuers face equivalent state-level oversight.
5. The law does not insure against stablecoin de-peg events. The GENIUS Act regulates the issuer. It does not provide a recovery mechanism if a compliant stablecoin still de-pegs under stress conditions.
That insurance gap is where BDIC StableCover Pro operates.
https://t.co/DSLBehOGe9
#GENIUSAct #stablecoin #cryptoinsurance #bdicinsurance #crypto
📕 The June BDIC Bulletin is live.
"Clarity over Consensus" — the year crypto became infrastructure.
Inside: the CLARITY Act's final text, stablecoins, Bitcoin cycles, digital privacy & more.
Read free → https://t.co/6Gnhojf45W
📕 The June BDIC Bulletin is live.
"Clarity over Consensus" — the year crypto became infrastructure.
Inside: the CLARITY Act's final text, stablecoins, Bitcoin cycles, digital privacy & more.
Read free → https://t.co/6Gnhojf45W