Bykov Andrey Vladimirovich, Russian New University (RosNOU)
Solomatina Tamara Borisovna, Candidate of Economics, docent, Russian New University (RosNOU)
Abstract
The article examines the transformation of risks in electronic commerce due to the spread of digital currencies. A comparative analysis of the risks of traditional payment systems and new digital assets is carried out. The study reveals a qualitative change in risks: operational, cyber, and counterparty risks are being transformed, shifting responsibility from financial intermediaries to end users and technology platforms. Based on the analysis, practical recommendations have been developed for adapting financial monitoring systems for regulators and market participants aimed at reducing new threats.
The article was prepared as a report for the section “Education for Sustainable Development of Territories” of the IV annual international scientific and practical conference “Digital Transformation of the International Economic System” (October 2, 2025, MGIMO University of the Ministry of Foreign Affairs of Russia).
KEYWORDS: CBDC, decentralized finance, cybersecurity, cryptocurrencies, payment systems, stablecoins, risk transformation, risk management, financial risks, financial monitoring, digital currencies, e-commerce.
Download article TRANSFORMATION OF RISKS IN ELECTRONIC COMMERCE: COMPARATIVE ANALYSIS OF TRADITIONAL AND DIGITAL CURRENCIES
