12 Things About Crypto Insurance Every VARA License Applicant Needs to Know

Essential Crypto Insurance Insights for Complete Protection

Created by ACX Compliance in partnership with Relm Insurance MENA, the leading crypto-specialized insurer globally, this one-pager gives you the critical knowledge to avoid being underinsured or improperly insured.

This guide will help you:

Close Coverage Gaps: Identify and address potential vulnerabilities that could leave your business exposed to significant financial or legal challenges.
Understand VARA’s Insurance Requirements: Gain clarity on the three essential types of insurance mandated by Dubai’s Virtual Assets Regulatory Authority (VARA):
- Professional Indemnity (PI)
- Directors & Officers (D&O)
- Commercial Crime Insurance (Including Hot Wallet Coverage)
  Missing any of these could result in severe financial and operational consequences.
Avoid Common Pitfalls: Learn how to sidestep mistakes other firms have made, such as opting for generic policies that fail to address the unique risks of the crypto industry.

Who Is This Guide For?

VARA License Applicants: Ensure compliance and mitigate the risks of underinsurance.

Crypto Executives: Safeguard your company’s assets from theft, fraud, and regulatory penalties.

Businesses Handling Digital Assets: Whether you're managing cryptocurrencies or tokenized assets, this guide ensures you have the right protection in place.

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