While Gemini’s Federal Deposit Insurance Corporation (FDIC) cover guaranteed the return of fiat funds, it can now offer the same peace of mind for those with digital assets.
Gemini Trust Company, a regulation crypto exchange fronted by the Winklevoss twins, yesterday announced a deal with Aon to insure digital assets held by it and its sister custodian service. Its press release on the matter said Gemini was approved for coverage after “successfully demonstrating to underwriters that the company is a leading, best-in-class exchange and custodian.”
Yussuf Hussain, Gemini’s Head of Risk, added that consumers
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