Trump’s ‘crypto’ could risk global finance: Bank of Italy
Italy’s top bank has warned that the increasing intertwining of ‘crypto’ and the financial industry poses a risk to the global economy.
In its “Financial Stability Report,” Banca d’Italia noted that there has been a sharp uptick in investors’ interest in ‘crypto’ since Trump’s election, which led to price rises for most tokens.
“If these instruments were to become more closely entwined with the traditional financial system, there could be greater vulnerabilities…
