Crypto investors are increasingly investing in kidnapping and ransom insurance due to a surge in physical attacks targeting them. Recent high-profile violent incidents, such as the torture of an Italian tourist in Manhattan, have heightened concerns among digital asset holders.
Insurance companies are responding to the growing need for security by developing customized K&R policies. Experts from various firms stress the significance of ensuring physical safety and the profitability of such insurance offerings in the recently turbulent market.
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