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Lloyd’s Launches Cryptocurrency Wallet Insurance Policy

March 2, 2020

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Lloyd’s has launched a insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks.

The first of its kind liability policy, with flexible limits from as little as £1,000 (US$1,281), was created by Lloyd’s syndicate Atrium in conjunction with Coincover to protect against losses arising from the theft of cryptocurrency held in online, hot wallets.

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