Insurers Enter Crypto Kidnapping Insurance Market

Crypto kidnappings are surging worldwide, forcing insurers to step up and offer specialized coverage. Driven by increased incidents like those in New York and Paris, insurance companies are creating tailored plans for crypto holders and businesses. Rebecca Rubenfeld, COO of AnchorWatch Insurance Company, explains the growing concern: ‘They’re tense.’ This trend reflects a broader industry effort to provide security measures for digital assets.