Crypto risks

BIS Highlights Risks for Banks in Using Permissionless Blockchains

The Bank for International Settlements (BIS) recently highlighted the complexities and risks banks face when engaging with permissionless blockchains in its latest working paper, published on August 28. The report from the Basel Committee on Banking Supervision outlines several concerns tied to these decentralized systems. One key issue is the

August 29, 2024 2 mins read

The ECOWAS Parliament Refuses To Accept Cryptocurrencies

The Parliament of the Economic Community of West African States (ECOWAS) raises a warning against the use of cryptocurrencies to all african crypto users. The refusal is for the usage of crypto in means of exchange and commerce. Moreover, the warning was issued after the joint committee meeting in Ouagadougou,

July 11, 2021 2 mins read