In brief
- Italy’s central bank is warning that crypto ties to traditional finance could spark market instability.
- It noted that Trump’s promotion of crypto assets could pose threats to markets and intermediaries.
- Despite this, Italy’s biggest commercial bank made investments in Bitcoin in January.
Italy’s central bank has reiterated long-standing concerns over crypto’s growing influence in traditional finance, even as the country’s largest commercial bank accelerates its push into digital assets.
In its latest Financial Stability Report, published Monday, the Bank of Italy, or Banca d’Italia, flagged the rising global integration of crypto as a potential threat to financial stability.
For years, central banks around the…
Apr 30 2025
