Italy Raises Concerns Over Crypto’s Financial Integration Amid Trump’s Pro-Crypto Policies

Italy is warning about the potential financial risks of cryptocurrencies integrating into mainstream finance systems. The Bank of Italy has raised concerns that this integration, driven in part by pro-crypto policies under the Trump administration, could destabilize global markets. The central bank cites a rise in cryptocurrency prices following Trump’s election and relaxed US regulatory oversight as factors contributing to the risk. The report emphasizes heightened interdependence between crypto and finance, potentially exposing markets to more significant shocks and contagion.