Bermuda-compliant insurance company Relm Insurance launches a range of crypto risk products

Professional insurance company Relm Insurance, regulated by the Bermuda Monetary Authority, has launched a new product that covers a range of risks related to cryptocurrency, from wallets to investment management. Relm has created a five-part product for digital asset risks, including network insurance, crime insurance for cryptocurrency holdings in hot wallets (connected to the internet), and insurance for investment managers of digital asset funds. In addition, there are more complex insurance options, such as compensation for losses related to participation in Ethereum staking, for example, where participants may have their assets "seized" due to being offline. (CoinDesk)