JUST IN: has revealed the details of its $255 million insurance policy for crypto held on customers' behalf. ow.ly/7Dbe50oSR3i reports
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I read the piece, and the original post but I'm still left wondering what the terms actually are. Do you have any of the specifics of the coverage? In what scenarios does it pay out? What scenarios does it not pay out? How is the reader/user supposed to be able to judge value?
Thank you for the suggestion. Here's a story idea for you: reporter does some investigative journalism and actually checks out a story, gets critical details important to readers, left out of original adapted PR fluff piece.
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Yeah, without seeing policy forms and actual language it is hard to know with any certainty what is/n't covered.
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Don’t even need to read the piece to know these questions aren’t answered. Broad insurance for crypto assets + exchanges will be bigtime mainstream news.
Imo an industry standard for custody is a prereq for crypto insurance to thrive.





