Coinbase has listed its first British pound-backed stablecoin, tGBP, issued by BCP Technologies.
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BCP launched tGBP last year, the first British pound-backed stablecoin from an FCA-registered crypto issuer.
Coinbase says it is listing tGBP as locally-denominated stablecoins are crucial to helping the UK realise the benefits of the digital economy.
The crypto exchange claims that by using a GBP-backed stablecoin, people can reduce friction in money movement, avoid FX volatility, and participate in the burgeoning world of tokenised real-world assets and the on-chain economy.
The stablecoin listing comes just days after Coinbase began letting UK customers borrow against their crypto and months after the launch of interest-bearing savings accounts in the country.
However, as it embeds itself into Britain, the firm is also offering a critique of its regulatory regime, arguing against “overly punitive prudential requirements” and for rewards on stablecoin holdings.
Coinbase, which has been vocal in its criticisms of the regulatory landscape in its home market of the US, also calls the idea of a “regulatory speed limit” on stablecoin issuance “effectively a cap on innovation”.
Finally, it calls for regulators to allow stablecoins to be used as the settlement asset in tokenisation of wholesale markets, outside of the FCA sandbox in a real world environment.
Meanwhile, in New York, the firm is facing a lawsuit, brought by the state’s attorney general, that claims that its prediction market is an unlicensed gambling operation.
A Polymarket contract on whether Kelp DAO will spread the losses from the weekend’s $292 million exploit beyond those directly affected is pointing to a clear answer: probably not.
Bettors are giving a 14% chance that Kelp will “socialize the losses,” or implement a mechanism forcing rsETH holders on Ethereum, which wasn’t hit, to share the pain of users on other chains.
The attackers drained roughly 116,500 rsETH from a LayerZero-powered bridge that held the reserves backing the token across more than 20 blockchains. That left parts of the system undercollateralized, with some holders effectively owning tokens no longer fully backed by ether (ETH).
“Socializing the losses” would mean Kelp redistributes the shortfall across all rsETH holders, including those on the Ethereum mainnet, rather than leaving losses concentrated among users and protocols tied to the compromised bridge.
The most widely cited precedent of this approach came in 2016, when Bitfinex imposed losses on all users after a $60 million hack, effectively mutualizing the hit to avoid shutting down.
More recently, derivatives exchanges have used variations of the concept through auto-deleveraging (ADL), in which profitable positions are forcibly reduced to cover losses when insurance funds are exhausted.
During the October flash crash, ADL mechanisms were triggered across some venues, closing out even market-neutral positions and leaving traders exposed. These moves are rare and controversial, but they have been used as a last resort to stabilize systems under stress.
Kelp’s situation is more complex. The exploit drained the reserve backing rsETH across more than 20 chains, leaving losses fragmented across different user groups and platforms.
Holders on affected networks face impaired backing, while others remain relatively insulated. Any attempt to equalize losses would require coordination across chains, clear accounting of liabilities, and a willingness to impose losses on users who may not see themselves as affected.
That makes a clean, system-wide redistribution both technically and politically difficult, which may explain why Polymarket traders are approaching the question with skepticism.
Bitcoin for Financial Services will host “Bitcoin as Everyday Money,” a live event and livestream, on Tuesday, April 28, 2026, at 10:00 AM PT at The Venetian’s Satoshi Social Room (Rooms 2002–2004) during Bitcoin 2026 in Las Vegas.
Capped at 100 in-person attendees and streamed globally via TFTC, the event invites policy leaders, industry executives, and business owners around a single objective: “getting a Bitcoin de minimis tax exemption passed in this Congress”, according to a press release shared with Bitcoin Magazine.
The event is headlined by Janessa Lopez, Head of Digital Assets Policy at Block, and David Zell, President of the Bitcoin Policy Institute. Lopez and Zell will open with a fireside chat on the state of play in Washington, sharing what they’ve seen behind closed doors on the Hill and the real probability of legislation passing in 2026.
Lopez will follow with a live “BTC is Money” demonstration, showing how a small business can accept Bitcoin at the point of sale through Square — and what that experience looks like for a customer spending Bitcoin on a cup of coffee or paying a plumber. An audience Q&A and networking reception will close the program, which runs from 10:00 AM to 12:00 PM PT. The event is hosted by Wyatt O’Rourke and Jordan Guess of Bitcoin for Financial Services.
De Minimis Tax Framework at Bitcoin 2026
The event builds on a January 12, 2026, coalition letter sent to Senate Finance Chairman Mike Crapo and House Ways and Means Chairman Jason Smith, co-signed by the Bitcoin Policy Institute, Block, Bitcoin Voter Project, Crypto Council for Innovation, The Digital Chamber, MoonPay, and River.
The letter lays out a three-pillar framework for digital asset tax policy:
(1) cash-like treatment for GENIUS-compliant payment stablecoins with no transaction or annual limits.
(2) de minimis relief extended to “qualifying network digital assets” on blockchains with a trailing six-month average market capitalization above $25 billion — a threshold designed to capture Bitcoin while excluding thinly traded or speculative assets.
(3) a value-based threshold of $600 per transaction and $20,000 per year, rather than a gain-based test that would require taxpayers to track cost basis on every coffee purchase.
“That framework responds directly to pending Washington proposals that would limit de minimis relief to stablecoins only” said the press release — an approach the coalition argues would leave the underlying compliance burden “largely unmitigated”, because every stablecoin payment still requires a taxable Bitcoin or Ethereum fee transaction to move on-chain.
The debate has spilled into public view, most notably in a March 2026 exchange between Block CEO Jack Dorsey and Coinbase CEO Brian Armstrong over whether Bitcoin was being actively excluded from de minimis discussions. Dorsey has been clear about what he believes is at stake, telling the Presidio Bitcoin podcast last year: “I think it has to be payments for it to be relevant on the everyday… if it doesn’t transition to payments and find that everyday use case, it just gets increasingly irrelevant. And that’s failure to me.”
“We see it with our clients all the time where they would love to spend their Bitcoin to further a circular Bitcoin economy, but the tax reporting requirements in place make this overburdensome for the masses, and therefore they still tend to only spend dollars,” said Jordan Guess, co-founder of Bitcoin for Financial Services. He added that, “We would like to see a free market decide what money they deem best to spend, without having the government favor one currency over another with the burden of self-tracking and reporting transactions on a decentralized Bitcoin ledger.”
The event is produced in partnership with Block, the Bitcoin Policy Institute, and BTC Inc., with sponsorship from Satoshi Pacioli Accounting, Bitcoin Well, and Falcon Rappaport & Berkman. TFTC will livestream the full program on its YouTube channel at youtube.com/@TFTC. Attendees will leave with a concrete call to action — including a unified script for contacting their representatives and a pointer to btcismoney.xyz as the organizing hub for the broader effort.
Registration for in-person attendance is open at luma.com/sy4ghp9o. Remote viewers can tune in via TFTC on YouTube at 10:00 AM PT on April 28. With the 2026 legislative window narrowing and Congress turning its attention to the midterms, the coalition’s message is urgent: “the path to Bitcoin functioning as everyday money in the United States runs through de minimis tax reform, and it runs through this Congress.”
Bitcoin BTC$78,024.17 pushed above $78,000, lifting the broader crypto market. The move came as risk sentiment improved after U.S. President Donald Trump extended the ceasefire with Iran. Stock index futures also gained.
The cryptocurrency’s ascent ended the weeks of choppy trading between $65,000 and $75,000 that defined March and early April, finally giving momentum traders the green signal they had been waiting for.
Momentum traders buy when they see proof that an upward trend is underway. Bitcoin’s breakout is exactly that, and more buyers could pile in as a result, adding to the momentum. As the first law of motion says: An object in motion stays in motion until an outside force acts upon it, though Sir Isaac Newton may not have been thinking of financial markets at the time.
“The market spent months capped in the 65 to 75 box. Breaking out of that kind of range matters because it changes behavior. Sellers who were comfortable fading rallies above 74 now have to reassess. Momentum buyers who were waiting for confirmation finally have something to lean on,” analysts at Marex said.
Onchain indicators suggest the same. For instance, the number of coins held in wallets tied to centralized exchanges has dropped to a fresh multiyear low of 2.67 millon BTC, according to data source CryptoQuant. It points to continued investor accumulation, which could culminate in a supply shock.
“Bitcoin supply on exchanges continues to shrink, with fewer coins available to sell, more BTC moving to long-term holders, and liquidity tightening. Bitcoin is becoming increasingly scarce – supply down means volatility up,” Delta Exchange said on X.
Still, QCP Capital is urging caution, noting the persistent relative richness of bitcoin put options on Deribit. Puts are used as a hedge against potential price drops in the underlying asset. It added that crypto trends currently seem tied to the price of oil and the interest-rate outlook.
“The path forward remains anchored to oil and policy. A move lower in crude or clearer Fed signaling would support risk. Absent that, markets are likely to remain in a holding pattern, pricing uncertainty rather than resolution,” the Singapore-based firm said in a market update.
In traditional markets, WTI crude futures are trading around $90, having bounced from a low of $78 on Friday.
In the broader market, DeFi security risks remain an issue as hacks proliferate. Early today, the Sui-based Volo protocol was drained of over $3 million just days after the KelpDAO event that caused collateral damage across the sector. Stay alert!
Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”
What’s trending
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already.
Today’s signal
BTC’s daily price swings in candlestick format with key averages. (TradingView)
The chart shows bitcoin’s daily price movements in candlestick format, with lines indicating the 100-day and 200-day average prices.
BTC’s price has established a firm foothold above the 100-day average, represented by the white line. This is pivotal because the 100-day average capped the bounce in January, following which sellers re-established control, leading to a deeper crash to nearly $60,000.
Now the price has pierced through, which typically signals a strengthening of bullish momentum, focus shifts to the 200-day average, currently positioned at $85,900.
MOO Survey Finds 84% of Employers Prioritizing Speed Over Quality, Yet Employees Still Crave Human Connection and Creative Thinking
BOSTON–(BUSINESS WIRE)–MOO, the leading design company specializing in premium branded merchandise and print services, today unveiled new research capturing the workplace in the age of AI. The survey of 1,000 U.S. office workers reveals a workforce that has rapidly embraced AI, with over half reporting it has made them more efficient, but prompting concerns of whether quality is suffering and expectations between leadership and employees are widening. Amid these pressures, human connection remains irreplaceable as coworkers continue to be central to employee wellbeing, and traditional analog tools are helping people find a sense of balance.
“AI should make work better, not just faster,” said Ray’n Terry, Chief People Officer at MOO. “If all it does is create more work for employees, we’ve missed the point. The real value is giving people the space for more rest, for more creativity, and for the human connections that make work worth doing in the first place.”
Efficiency Gains
AI is making us faster at our jobs, but that speed may not be translating into better work, and even worse, it may just be creating more work. When quality control is slipping even as output climbs, the risk is that AI becomes a generator of volume rather than value.
Speed over quality: The findings show that over 4 in 5 (84%) respondents agree that their employer prioritizes speed over quality more than they did a year ago.
Faster doesn’t mean better: While AI is speeding up internal processes, workers said quality control and attention to detail (41%), thoughtful decision-making and strategic planning (39%), and creativity and original problem solving (37%) are all slowing down.
Efficiency as top priority: 40% of workers surveyed were most likely to say that AI has most impacted the way work feels by making it more efficient.
The Confidence Gap
One reason that the quality of work may be suffering: employees are under pressure to adopt AI, driving usage at an accelerating pace, but faster than genuine understanding. Rather than admitting uncertainty, many are masking real confusion behind a facade of AI fluency.
The demand to keep up: As leadership looks to implement AI practices to keep up with being innovative, 94% of employees who use AI at work feel pressure to appear “AI‑savvy.”
Faking it: In the same vein, half (52%) admit they sometimes pretend to understand AI tools or outputs when they actually don’t.
Blurring human and machine credit: Just over 4 in 5 (81%) respondents say feeling valued and appreciated at work is easier than it was a few years ago, but that recognition might be misplaced. 78% of AI users report receiving recognition for work that was largely generated by AI.
Employer Expectations
In a tightening labor market, employers’ expectations are rising while employees are increasingly spending valuable time refining AI content to make it usable. The result is a workforce under more pressure, with less room for work that actually moves the needle.
Widening strain: Among AI users, 88% report that the time they spend bridging the gap between leadership expectations and what’s actually feasible for their team and colleagues has increased. Leadership may be overestimating what can be achieved, with employees left to bridge the disconnect between ambition and practicality.
Lost in translation: Over half (55%) of workers say they regularly rework or rephrase complex information (e.g., AI-generated content or leadership directives) for their teams.
Humanizing AI outputs: While AI is making us efficient, not everything that’s generated is usable – 58% of workers say they frequently spend time editing, humanizing, or “fixing” AI outputs from colleagues or leadership before they go to clients/teams.
Elevating The Human Side
As the need to perform in the workplace rises, employees are focused on sharpening the soft skills that set them apart. The human abilities that make a great leader are more important than ever, and AI can free up time for the creative strategy and big-picture thinking that matter most.
Recognition for human strengths: Employees want to be valued for what AI can’t do: 30% aim to be recognized for problem-solving skills, and 29% for strategic thinking. The challenge is about making the thinking count.
Shifting toward higher-level work: As AI handles some of the manual processes of day-to-day work, 92% of respondents report that their work has shifted toward higher-level activities (e.g., strategic, creative, decision-making).
People Still Need People
Despite our broadening relationship with AI, employees are prioritizing human connection more than ever, becoming more intentional about how they show up for each other.
Setting the stage: Workers surveyed about AI’s impact said it has made work feel more mechanical (27%), more isolated (25%), and more overwhelming (24%).
Coworkers matter most: When it comes to feeling supported at work, coworkers matter most: 32% of employees say their coworkers are the biggest factor in whether they feel supported, ahead of their manager (28%) and HR (21%).
Peer support strengthens: Half of respondents (47%) still have informal, non‑work conversations multiple times a day, even across distributed or hybrid setups, and 83% say it’s easier to get practical support from peers (career advice, conflict resolution, skill development) than it was two or three years ago.
Offline Advantage
As digital demands intensify, many employees are responding by deliberately stepping back from their screens. This shift toward “offline” methods is a strategy for focus, creativity, and well‑being in a world of constant digital input.
Offline methods on the rise: Four in five employees (80%) say their use of analog tools has increased in the past 2-3 years.
Why workers are going analog: The top reasons include better memory (48%), improved focus (39%), and greater privacy (38%).
Preference for physical tools: 45% say they often prefer offline methods even when digital ones are available.
As organizations navigate an increasingly AI-driven world, MOO’s findings reveal a workforce actively seeking balance. By combining the efficiency of digital innovation with the creativity and authenticity that come from real human connection, organizations can unlock the best of both worlds. The future of work may be digital, but meaning still lives in how we connect, create, and make our mark offline.
Investors in the U.K. can once again hold cryptocurrency exchange-traded notes (ETNs) in a tax-free vehicle after fintech startup Stratiphy received approval to offer them in a special class of individual savings account (ISA), according to a report by the Financial Times on Wednesday.
Stratiphy, a fintech platform that allows users to personalize their investment strategies, is offering both crypto ETNs and Innovative Finance ISAs (IFISAs), the wrapper authorized to invest in them, the FT reported.
ISAs allow users to save up to 20,000 pounds ($27,000) a year without paying income tax or capital gains tax on the returns. The two most common types are cash ISAs, which pay interest, and stocks and shares ISAs, which invest in equities and exchange-traded instruments.
At the end of February, the U.K.’s tax authority, His Majesty’s Revenue and Customs (HMRC), classified crypto ETNs as instruments only available in IFISAs from the start of the current tax year on April 6.
This essentially made last year’s decision to lift the ban on retail users accessing crypto ETNs redundant because no mainstream investment platform offered IFISAs. The few that did had no plans to offer crypto products.
The decision drew criticism from some commentators, who said it risked making the U.K. an outlier among markets where exchange-traded products (ETPs) have made crypto investment available to a far broader base of retail investors.
Stratiphy will offer access to three ETNs provided by 21Shares: those covering bitcoin BTC$77,900.34, ether (ETH) and one combining BTC and gold.
The London-based investment platform, which opened for business in August last year, manages 4 million pounds ($5.4 million) for 2,000 retail and corporate clients.
“We see a disproportionate level of interest in these [crypto] products,” CEO Daniel Gold said, according to the newspaper.
“It’s a really interesting way to diversify your portfolio. It’s a new asset class with low correlation to other asset classes.”
Stratiphy did not immediately respond to CoinDesk’s request for comment.
New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier this week.
“Getting rich by betting on inside information is corruption, plain and simple,” Hochul said on Wednesday, adding: “Our actions will ensure that public servants work for the people they represent, not their own personal enrichment.”
Hochul also slammed the Trump administration and congressional Republicans for allowing an “ethical Wild West” to take hold around prediction markets without implementing any “meaningful ethical standards” to protect against insider trading.
Executive order banning New York state officials from trading on prediction markets. Source: New York State
Adoption in prediction markets is rapidly accelerating, with monthly trading volumes rising over the last seven consecutive months to an all-time high of $23.6 billion in March, with markets covering everything from sports and elections to financial results and cultural outcomes.
However, the rise has been accompanied by increasing concerns about insider trading and market manipulation.
Illinois Governor JB Pritzker also signed an EO banning state employees from betting on prediction markets on Tuesday, stating:
“Illinois is doubling down on its commitment to a transparent and ethical government by bolstering its current state laws to prevent insider trading amid the rapid growth of online prediction markets and event-based gambling contracts.”
Insider trading accusations in prediction markets
Hochul’s EO made reference to several suspected insider trading instances involving US military action.
One of them was a Polymarket trader who placed a low-odds bet that Nicolás Maduro would be ousted as Venezuelan president just hours before he was captured by US forces, profiting around $400,000.
Another related to suspicious trades placed on the invasion of Iran and the death of its Supreme Leader, Ayatollah Khamenei, in late February.
Hochul’s EO stated that any violation may result in dismissal and law enforcement action, and also noted that New York state employees and officers cannot assist others in profiting on confidential information through prediction markets.
Prediction markets, meanwhile, have been fighting potential insider traders their own way.
In February, Kalshi said it banned a former contender for governor of California after he had bet $200 on his own candidacy last year.
Kalshi did not name the politician. However, details in the enforcement summary align with public posts by Kyle Langford, a former Republican turned Democrat who is now running for election to the US House representing California’s 26th Congressional District.
Related: Charles Schwab, Citadel Securities are eying prediction markets
Kalshi faces regulators in Nevada and New York
The latest EO adds to a wave of action from US states to attempt to police prediction markets.
The New York State Gaming Commission sent prediction market platform Kalshi a cease-and-desist letter in October for illegally operating an unlicensed mobile sports wagering platform in the state.
Kalshi is also engaged in a court battle with the Nevada Gaming Control Board after a lower court temporarily blocked Kalshi from operating in the state, with the regulator arguing that Kalshi’s contracts facilitate unlicensed gambling.
Coinbase chief legal officer Paul Grewal has predicted that the case could reach the US Supreme Court, potentially creating precedent over the regulatory treatment of prediction markets and event-based derivatives.
Magazine: How to fix suspected insider trading on Polymarket and Kalshi
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The United States military has an active node on the Bitcoin network, according to Admiral Samuel Paparo, commander of U.S. Indo-Pacific Command (INDOPACOM). The disclosure, made at a House Services committee hearing, marks the first known confirmation that a U.S. military combatant command is directly participating in the Bitcoin peer-to-peer network.
“We have a node on the Bitcoin network,” Paparo wrote. “We’re doing a number of operational tests to secure and protect networks using the Bitcoin protocol.”
The statement landed one day after Paparo made waves in Congress with testimony that framed Bitcoin as a tool of American power.
JUST IN: 🇺🇸 Four-star military officer Admiral Samuel Paparo confirms the USA is running a Bitcoin node.
“We have a node on the Bitcoin network right now. We’re doing a number of operational tests to secure and protect networks using the Bitcoin protocol.” pic.twitter.com/4JIOIMtlTW
On April 21, Paparo testified before the Senate Armed Services Committee during a FY2027 defense authorization hearing. Sen. Tommy Tuberville (R-AL) asked Paparo whether U.S. leadership in Bitcoin could give the country an edge against China in the Indo-Pacific theater.
Paparo did not deflect. He told the committee that INDOPACOM’s research centers on Bitcoin as a computer science tool — not as a financial asset.
“Our research into Bitcoin is as a computer science tool,” Paparo said. “It’s the combination of cryptography, a blockchain, and a proof of work. And Bitcoin shows incredible potential as a computer science tool that through the proof-of-work protocols, actually imposes more cost than just the algorithmic securing of networks and our ability to operate.”
He described Bitcoin as “a peer-to-peer, zero-trust transfer of value” and said that “anything that supports all instruments of national power for the United States of America is to the good.”
The testimony was notable for what Paparo did not say. He did not describe Bitcoin as a reserve asset, a payment system, or a speculative instrument. He framed it as a computer science system with direct military relevance — a distinction that set his remarks apart from most official government commentary on crypto.
What running a Bitcoin node means
A Bitcoin node is a computer that runs the Bitcoin software, maintains a full copy of the blockchain, and independently validates every transaction and block against the network’s consensus rules. Nodes do not mine Bitcoin. They enforce the rules of the protocol and relay data across the peer-to-peer network.
Running a node gives an operator direct, trustless access to the Bitcoin network without relying on any third party. The operator’s computer connects to other nodes worldwide, verifies incoming transactions and blocks, and rejects anything that violates Bitcoin’s protocol rules.
For INDOPACOM, operating a node positions the command as a first-hand participant in the Bitcoin network, not an observer.
The disclosure that the military is conducting “operational tests to secure and protect networks using the Bitcoin protocol” suggests the command is moving beyond theoretical research and into active experimentation with Bitcoin’s cryptographic architecture as a defensive tool.
As of early 2026, there are an estimated 15,000 to 20,000 publicly reachable full nodes on the Bitcoin network, though the actual number is likely higher since many nodes operate behind firewalls and are not publicly visible.
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Stablecoin issuer argues Aave’s interest rate curve is failing to clear the $1.89B pool after four days at full utilization.
Circle has proposed an emergency overhaul of the interest rate parameters on Aave V3 Ethereum Core’s USDC pool, which has been pinned at 99.87% utilization for four days in the wake of the April 18 KelpDAO exploit.
In a governance post published Tuesday, Circle Chief Economist Gordon Liao argued Aave’s current interest rate mechanism is failing to clear the market. The pool holds $1.89 billion in supply against $1.89 billion in borrows, with less than $3 million in available liquidity. Borrow rates are flat at the post-kink ceiling of roughly 14%, and the pool has contracted about $60 million in the last 24 hours as repayments are matched dollar-for-dollar by queued withdrawals.
Liao’s proposal would raise the pool’s Slope 2 parameter for USDC deposits interest rate, from roughly 10% to 40% immediately, via a Risk Steward action. That would be followed by governance ratification of a 50% target within five to seven days.
Optimal utilization would fall from 92% to 87% on an interim basis and 85% on ratification. Under the target parameters, the maximum supply rate at 100% utilization would climb from roughly 12.6% to 48.2%.
Liao’s diagnosis is that current borrowers are using USDC borrowing as a queue-bypass mechanism to exit trapped positions and are insensitive to rates at current levels. The active lever, he argued, is supply attraction: yields in the 40–50% range should pull USDC from allocators within hours, restoring healthy utilization.
The proposal also recommends pausing Aave’s Slope 2 Risk Oracle for USDC, citing its documented underperformance during a February WETH spike and the April 6 offboarding of its maintainer, Chaos Labs.
Circle’s intervention is unusual: the stablecoin issuer is formally telling Aave that the market for its asset is broken.
At InsurTech NY, Doug van der Mulm from Turris explains how the company is helping insurers manage complex distribution workflows across the U.S. market.
Van der Mulm says that around 60 percent of insurance in the U.S. is sold through third-party agents and brokers, which creates a large amount of operational complexity. Data and processes need to move between multiple parties, often without direct connectivity, while still meeting strict compliance requirements.
This becomes even more challenging due to the regulatory environment.
Van der Mulm explains that insurers must operate across multiple state-level regulations, meaning a single agency may be working across dozens of jurisdictions. Managing permissions, onboarding, and commission payments in this environment can be time-consuming and difficult to scale.
Turris addresses this by creating a network that connects these parties and automates workflows.
Van der Mulm says the platform handles processes such as onboarding producers, managing compliance, and facilitating commission payments, all within a single system. By automating these interactions, insurers can reduce manual work and improve efficiency across their distribution networks.
He also reflects on the value of InsurTech NY.
Van der Mulm highlights the role the event plays in connecting vendors with the right carriers and partners. He says the smaller, more focused format allows for meaningful conversations and makes it easier to build relationships compared to larger conferences.
Looking at industry trends, van der Mulm shares a more measured view on AI.
While he acknowledges that AI is widely discussed and used, he believes many organisations are starting to build solutions internally to address specific workflows. Rather than relying entirely on external vendors, companies are increasingly creating tools that solve their own operational challenges.
For van der Mulm, this reflects a broader shift.
As technology becomes more accessible, insurers and brokers are finding new ways to solve problems directly, particularly for niche or specialised use cases.
