Italian Central Bank Warns Cryptocurrencies Pose Risk to Financial Stability

Blockbeats
04-30

BlockBeats News, April 30th: The Bank of Italy stated in its April 2025 Financial Stability Report that the robust growth of Bitcoin and other highly price-volatile crypto assets not only implies risks for investors but may also pose a potential threat to financial stability due to the increasingly strong connection between the digital asset ecosystem and the traditional financial sector and real economy.

The report also noted that non-financial firms holding Bitcoin are "exposed to significant price volatility" and warned that USD-pegged stablecoins "could pose risks if they were to become systemically important."

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