Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

1 min read

3 days ago bitnews

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,”