Italy Warns of Crypto Risks Amid Trump’s Pro-Crypto Push

Quick Summary:

The Bank of Italy has sounded an alarm over the growing integration of cryptocurrencies into mainstream financial markets, cautioning that the trend poses a risk to global market stability, particularly under the pro-crypto policies of the Trump administration.

Despite these warnings, Italy’s largest bank, Intesa Sanpaolo, is expanding into crypto, having purchased €1 million in Bitcoin earlier this year and backing the country’s first blockchain bond.

Treasury bonds, affecting global liquidity.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesItalyUnited States

Topics: TRUMP ITALY Market News Market Updates Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 07:37:11 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28297159

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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