Metromile Plans to Adopt Bitcoin to Offer Drivers More Choice

    Digital insurance platform will be the first to accept insurance premiums and pay insured claims in cryptocurrency Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will soon allow policyholders the option to pay for insurance and receive payment for eligible and approved insured claims in bitcoin…

    Bitcoin may be taking another step toward mainstream adoption, CNBC has learned.

    For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through their existing accounts, according to crypto custody firm NYDIG. The company, a subsidiary of $10 billion New York-based asset manager Stone Ridge, has partnered with fintech giant Fidelity National Information Services to enable U.S. banks to offer bitcoin…