The increasing adoption of cryptocurrencies in emerging markets presents significant risks that could jeopardize the financial resilience of these economies, according to a recent report by Moody's. The widespread embrace of digital currencies may lead to volatility in local financial systems, undermining regulatory frameworks and potentially exposing users to security vulnerabilities and market manipulation. Furthermore, as these markets integrate more closely with the global cryptocurrency ecosystem, they may become susceptible to global economic fluctuations and cybersecurity threats, which could exacerbate existing financial challenges and hinder overall economic stability.
source: https://www.coindesk.com/policy/2025/09/26/crypto-adoption-in-emerging-markets-poses-risks-to-financial-resilience-moody-s