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Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holde...

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Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as “kidnap and ransom (K&R) policies,” […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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