CNA’s $20M Insurance Coverage Trust Policy Excludes NFTs
CNA Financial, the seventh-largest commercial insurer in the United States, has excluded coverage for nonfungible tokens (NFTs) from the $20 million policy of Schwab Strategic Trust. In a filing with the US Securities and Exchange Commission (SEC), CNA stated that the bond does not cover “any loss, injury, claim, occurrence, or suit relating to NFTs. […]