Module 3 - Risks of Crypto

The rapid growth of the crypto industry brings not only innovation, but also various risks. Due to characteristics such as pseudonymity, global accessibility, and the digital nature of transactions, cryptocurrencies can be misused for different forms of financial crime.

In this module, you will gain a comprehensive overview of the main risks associated with the use of cryptocurrencies. You will learn how money laundering, fraud, cybercrime, terrorist financing, and sanctions evasion can occur within the crypto ecosystem. Through practical examples and current developments, you will see how these risks manifest themselves in real-world situations.

The module also addresses factors that increase these risks, such as emerging technologies, cross-border transactions, and the role of various stakeholders within the crypto ecosystem. In addition, operational risks and investor protection risks will be discussed.

After completing this module, you will have a better understanding of the key risks within the crypto industry and the challenges they pose for financial institutions, regulators, and compliance professionals.