Insurance Giant Offers New Insurance Policy For Crypto Held In Hot Wallets

Lloyd’s of London Offers a new type of liability insurance policy to protect cryptocurrency in hot wallets that are lost by theft. Lloyd’s announced on March 2, the offering purpose is to developed by Lloyd’s syndicate Atrium together with crypto will-focused firm Coincover, with limits from as little as £1,000 ($1,275). The policy is also financed by an array of other Lloyd’s insurers.

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