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Lack of insurance hampers cryptocurrency business: PwC

Posted On: Dec. 27, 2018 11:19 AM CST

U.K.-based consultancy firm PricewaterhouseCoopers International Ltd. said that lack of insurance is hampering cryptocurrency-related business as the companies find it "almost impossible" to buy cover, Segs.com reported. Henri Arslanian an official at PwC, said that several cryptocurrency companies also need to buy insurance to comply with legal or regulatory requirements.

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