Bank of Italy: Cryptocurrency growth poses risks to investors and financial stability

PANews reported on April 30 that according to Cointelegraph, the Bank of Italy pointed out in its Financial Stability Report: "The strong growth of Bitcoin and other highly volatile crypto assets not only means that investors are exposed to risks, but also may pose a potential threat to financial stability due to the increasing connection between the digital asset ecosystem and the traditional financial sector and the real economy." The report also pointed out that non-financial companies holding Bitcoin "expose them to significant price fluctuations" and warned that stablecoins anchored to the US dollar could pose risks "if they become systemically important."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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