Category: electronic money

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Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn

November 20, 2021

Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks and new challenges that may arise in the field of information security. Financial Market Committee Sees Threats in Digital Ruble Project Russia’s digital fiat, currently under development, brings certain risks…
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Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies

November 15, 2021

The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is set to be held on November 15…
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