Gemini will insure Bitcoin investors

by Coinworldstory

The management of the Gemini cryptocurrency exchange represented by the Winklevoss brothers decided to insure the virtual assets of its depositors. Providing deposit insurance services for the platform will be undertaken by Aon, which has global reach. In addition to insurance, Aon also deals in the areas of consulting, risk management, health care and retirement savings.

According to Gemini risk manager Yusuf Hussein, the exchange is interested in the safety of its customers, who need insurance protection just as much as users of traditional financial organizations and institutions. Aon agreed to cooperate due to the fact that representatives of the bitcoin platform were able to convince the insurer’s management that their stock exchange holds leading positions among cryptocurrency exchanges, being a high-class costadion.  

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