Question of centralization faces growing crypto insurance industry By Cointelegraph

Question of centralization faces growing crypto insurance industry

Cryptocurrency May 09, 2022 10:40AM ET

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Question of centralization faces growing crypto insurance industry

Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into the nascent ecosystem.

Investopedia reports that cryptocurrency insurance is seen as a “big opportunity,” with a spokesman from one of the world’s largest insurers, Allianz (ETR:ALVG), saying that the company has explored product and coverage options in the cryptocurrency space as it becomes “more relevant, important and prevalent on the real economy.”

Fire insurance contract of 1796.

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Question of centralization faces growing crypto insurance industry

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