NEWS: Bank of Italy warns US crypto push a threat to financial system
NEWS: Bank of Italy warns US crypto push a threat to financial system
By PAUL O’DONOGHUE, Senior Correspondent
THE Bank of Italy has warned that crypto could pose a threat to global financial stability if the U.S. promotes their wider use.
In a financial stability report, the central bank said Bitcoin and other volatile cryptoassets carry risks beyond investor losses.
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