"Based on the developments observed to date, crypto-asset markets currently show all the signs of an emerging financial stability risk," the ECB said. ( read original story ...)
Crypto Hacks Aren’t a Niche Concern; They Impact Wider Society
Million-dollar crypto heists are becoming more common as the currency starts to go mainstream; prevention and enforcement haven't kept pace. ( read original story ...)
Crypto Poses Risk to Financial Stability in ‘Present Trajectory’: ECB
Europe’s central bank has just released its latest outlook on crypto’s risk to financial stability. Its conclusion? Change needs to happen. ( read original story ...)
Meet a crypto creator who’s playing to win
Bryce “Brycent” Johnson was one of the first influencers of the NFT game ‘Axie Infinity,’ encouraging his followers to buy in. Now he’s leaving it behind. ( read original story ...)
Chinese and Russian nuclear bombers fly over Sea of Japan as Biden visits Tokyo
Chinese and Russian strategic bombers flew over the Sea of Japan as Joe Biden attended a Quad summit in Tokyo, in a joint exercise the Japanese government denounced as “unacceptable”. The ... ( read original story ...)
Japan scrambles jets as warplanes from Russia and China approach airspace during Quad summit
Japan says it scrambled fighter jets on Tuesday to respond to the approach of Russian and Chinese warplanes near its airspace, in what Tokyo called a “provocation” as it hosts a meeting of world ... ( read original story ...)
Quad Is ‘Not Just A Passing Fad, We Mean Business’: US President Biden At Quad Summit In Japan
US President Joe Biden on Tuesday said that Quad is 'not just a passing fad but it means business,' asserting that the four leaders of the grouping are here to get things done for the region and that ... ( read original story ...)
PM Modi Meets Japanese Business Leaders, Invites Investment In Smart Cities, Textiles, Auto
Prime Minister Narendra Modi on Monday (23 May) invited greater participation by Japanese companies in India, underlining the strength of the economy, which despite a slowdown in ... ( read original story ...)
L’Oréal makes first major investment in Japan with Sparty
The Japanese beauty brand, which specialises in personalised beauty, is L’Oréal’s first capital investment in the country ... ( read original story ...)
Behind the scenes in Japan, a welcome for Biden’s defence of Taiwan
For Japan, U.S. President Joe Biden's comment he would be willing to use force to defend Taiwan signalled no formal change in policy. But behind the scenes in Tokyo, it was seen as a welcome warning ... ( read original story ...)
Crypto, Wall Street battle for influence at Washington agency
The battle between the two lobbying armies is the latest Washington flare-up between titans of new and old finance as officials try to figure out how to set rules for the digital currency industry. ( read original story ...)
Crypto links with banks pose threat to financial stability, says ECB
The crypto industry’s deepening ties to banks and asset managers will pose a risk to financial stability, the European Central Bank has warned, in the latest sign of how central banks and governments ... ( read original story ...)
Money Clinic Podcast: Surviving the ‘Crypto Crash’
On the Money Clinic podcast this week, presenter Claer Barrett talks to two young investors who have lost significant sums of money dabbling in unregulated assets. In Bangalore, 29-year-old Subbaiah ... ( read original story ...)
ECB says crypto assets represent risk to financial stability
The European Central Bank is ramping up its warnings of the crypto market, deflating further sentiment that has plagued the industry over the past six months ... ( read original story ...)
ECB Warns That Crypto Risks Could Spill Over Into Wider Economy
Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. More financial institutions engaging with crypto or digital ... ( read original story ...)
Dating Apps Will Now Pay You in Crypto
“From traditional dating to Tinder and Bumble in Web2, dating culture has changed." Dating apps are wading into the virtual asset space by offering rewards in cryptocurrency to users who go on dates ... ( read original story ...)