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Circus Circus LV, the company behind the Circus Circus casino in Las Vegas, probably thinks that its insurance carrier belongs in a circus. The company carries a massive policy covering almost any possible scenario that could cause damage – financially, physically, or otherwise – to the property, and submitted a claim to the carrier, American International Group (AIG), as a result of the massive hit it has taken from COVID-19. However, AIG has started a juggling act and isn’t paying up. This has left Circus Circus with no alternative but to take the insurance giant to court.

FROM OUR FRIENDS AT COINGEEK

Japan’s central bank has been conducting research into the applicability of a central bank digital currency. In its latest study, the Bank of Japan (BoJ) delved into the offline usage of a CBDC as it seeks to cater to the two biggest features for digital currencies—resilience and universal access.

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