Coinbase is in talks to set up its an insurance company with the help of Aon

Coinbase is in talks to set up its own regulated insurance company with the help of aon, industry sources told CoinDesk. Coinbase and Aon see this structure as potentially part of the answer to the shortage of insurance available to crypto exchanges, CoinDesk reports. It will also provide an alternative to the status quo norm of exchange self-insurance by setting aside a bunch of coins to cover losses in the event of a hack or disappearance of customer funds.

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