2021 Guide to Cryptocurrency Insurance

2021 Guide to Cryptocurrency Insurance

Cryptocurrencies may not be at the top of the “to do” list for casualty insurance professionals and risk and benefits managers — but they should be on their list.

That’s primarily due to the increasing consumer and commercial demand for all things crypto, including payment tools like bitcoin, Ethereum and dogecoin, among others.

Case in point. According to a new survey of 1,500 U.S. adults by Survey Monkey, “a majority plan to buy more cryptocurrencies in the next three months.” Additionally, with Tesla’s recent announcement a $1.5 billion bitcoin purchase, and its intent to use cryptos as an acceptable form of payment, cryptocurrency is shifting into higher gear.


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