Crypto Risks

Sourced from Hacker Noon. Alongside self-fertilizing crops and low-carbon shipping, cryptocurrencies have made the World Economic Forum (WEF) list of top tech trends in 2022 bolstered by research by the Thomson Reuters Foundation that describes it as moving from the ‘fringes of finance to the mainstream’. Perceptions around cryptocurrencies have shifted, with several countries adopting it as legal tender, banks looking to create their own forms of digital currency, and consumers putting their savings into crypto wallets instead of traditional financial institutions. Anna Collard, SVP Content Strategy & Evangelist at KnowBe4 Africa. Countries are either considering or are already partially using Central Bank Digital Currency (CBDC), which essentially allows for companies and individuals...