---
title: "UAE’s central bank approves custodial risk insurance product for digital assets"
url: https://diffcoin.com/uaes-central-bank-approves-custodial-risk-insurance-product-for-digital-assets/
description: "OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds. Source link"
published: 2024-09-12
updated: 2024-09-12
author: "Mila"
site: "Diffcoin"
---

# UAE’s central bank approves custodial risk insurance product for digital assets

OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds.

[Source link](https://cointelegraph.com/news/uae-central-bank-custodial-risk-insurance-product-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)