05 Dec 2023

Digital Bank Robberies Key Risk for Central Bank E-Money

Marc Jones delves into the Bank for International Settlements' comprehensive report, highlighting the escalating risks central banks face in launching digital currencies. Cybersecurity concerns, technological challenges, and environmental impacts loom large as nearly 130 banks globally work on Central Bank Digital Currencies (CBDCs), with few established frameworks to tackle cyber threats. Dive deeper into the risks and warnings here.