Big leap for Web3 in the UAE! The UAE Central Bank has approved blockchain-focused insurance solutions, SIGMAWEB3 and SIGMAWEB3 VARA, developed by Relm Insurance & Liva Insurance. 🏦🔗 This regulatory milestone validates the UAE’s proactive approach to emerging tech and strengthens its position as a global hub for digital assets & fintech. Relm CEO Joseph Ziolkowski says this approval will help close the insurance gap in the Web3 space, empowering businesses to innovate with confidence. Will more countries embrace Web3 insurance? What does this mean for blockchain-based businesses? Drop your thoughts below!