Discover and read the best of Twitter Threads about #ESRB

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The European Systemic Risk Board (#ESRB) has released a report diving into EU non-bank financial intermediation risk monitoring from June to December 2022 and the risks that could impact non-bank actors in the #crypto industry. We've read it for you👇

#CryptoRegulation Image
📌 Key risks identified are:

1️⃣ Persistent credit risk - Opaque business structures and unsustainable business models leading to default

2️⃣ Market risk - Boom and bust cycles fuelled by leverage and the speculative nature of assets
3️⃣ Liquidity risks - Business models built on maturity & liquidity transformations without appropriate safeguards, resulting in vulnerability to 'runs'
Read 8 tweets
Today's Transmission:
The ESA and the Conspiracy you were never meant to know:
#esaleak #ESRB #IARC #evo2019
So, if you haven't been sleeping under a rock, or any sort of hard object,
The ESA "leaked" or "was hacked" and names of nearly 2000 people were available all over the internet.
It is one of the biggest doxing incidents in recent memory. The fact that it’s a majority of the gaming youtubers and e-celebs should make you fans of this industry deeply concerned. What makes this worse, is that the Gaming Media will not talk about these issues.
Read 25 tweets

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