| Issue |
BIO Web Conf.
Volume 107, 2024
19th International Conference Water and Wastewater: Transportation, Treatment, Management “Yakovlev Readings” (YRC-2024)
|
|
|---|---|---|
| Article Number | 04006 | |
| Number of page(s) | 6 | |
| Section | Water Management | |
| DOI | https://doi.org/10.1051/bioconf/202410704006 | |
| Published online | 07 May 2024 | |
International river and sea transportation: Specifics of risk management in cryptocurrency transactions
1 International University of Kyrgyzstan, Bishkek, Kyrgyz Republic
2 Bishkek State University named after K. Karasaeva, Bishkek, Kyrgyzstan
* Corresponding author: shahnoza.gapurbaeva@mail.ru
This article considers the peculiarities of risk management in operations with cryptocurrencies, the necessity of risk management in operations with cryptocurrencies was substantiated. Cryptocurrency transactions have a high level of risk due to price volatility, the possibility of fraud and a lack of regulation. Therefore, institutions involved in cryptocurrency transactions should take measures to manage risk. Cryptocurrencies have a high degree of price volatility and are susceptible to fraud, so credit institutions involved in cryptocurrency transactions must take measures to manage risk. This includes conducting thorough customer due diligence, using data from various sources to verify the customer's legitimacy and financial stability, strictly following rules and procedures when conducting cryptocurrency transactions, and adhering to laws and regulations. Risk management is essential to protect clients from potential losses and problems. The main purpose of this study is to examine the peculiarities of risk management in operations with cryptocurrencies. The results of the study can be used by various subjects in transactions with cryptocurrencies.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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