Are my funds FDIC-insured?

US DOLLARS

Yes, U.S. dollars that you deposit and hold into your Gemini account are FDIC-insured up to $250,000 per beneficial owner. Non U.S. Citizens are also afforded FDIC protection. 

DIGITAL ASSETS

No, at this time the U.S. government does not insure any Digital Assets (i.e., bitcoin, ether) deposits; however, we are heavily capitalized to protect you and the Digital Assets that you store with us. In addition, we are statutorily required to maintain insurance in the form of a fidelity bond. Our fidelity bond is issued by a top-tier insurance company, and coverage includes, among other things, insurance against employee theft, computer fraud, and funds transfer fraud; this coverage is subject to certain terms, conditions, and exclusions. 

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