Crypto Assets Insurance : A Welcome Development

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I read in the news today that The Gibralter Blockchain Exchange ( GBX) now provides insurance coverage for crypto assets listed on its platform. Having partnered with an insurance firm, Callaghan to provide the policy to cover both hot (online) and cold (offline) wallets listed on the GBX. https://www.coindesk.com/

It seems that The GBX is not the first to offer insurance coverage for crypto assets. Lloyds of London is also underwriting cover against the theft of cryptocurrencies. I believe this will go a long way in providing assurance to many investors about the security of their crypto assets.