Cryptocurrency Insurance for companies The cryptocurrency market was designed to be unregulated on purpose, but that’s not stopping individuals and corporations alike from demanding that the insurance industry provide options to cover the risks of their investments into digital assets. If your organization has decided to diversify its portfolio and invest in cryptocurrencies like Bitcoin, Ethereum and Monero, it is imperative that you consider purchasing cryptocurrency insurance for your business. Due to the cryptocurrency market’s high-risk potential, volatility, unregulated nature, and relatively short track record, some insurance companies are hesitant to – or simply will not – provide cryptocurrency coverage for investors and businesses. However, slowly, the insurance industry is warming up to the cryptocurrency market, and some insurers are beginning to write coverage for cryptocurrency into some business policies. Types of Cryptocurrency Insurance Policies for Businesses and Corporations Whether you have a small business or large corporation, below are some of the coverage types you should consider to help protect your business’s cryptocurrency investments.
Custody Insurance for Crypto Cryptocurrency needs to be stored somewhere, whether in a crypto wallet, on the cryptocurrency exchanges, or in an online platform of some kind. If you