The Governor of the Bank of Italy argues that a digital euro is essential for controlling the risks of increasing cryptocurrency adoption, suggesting that regulations like MiCA alone are insufficient.
Tag: Italy
Bank of Italy Chief: Digital Euro, Not MiCA, Is Key to Managing Crypto Risks
The governor of the Bank of Italy, Fabio Panetta, argues that a digital euro is crucial for managing the risks associated with increasing crypto adoption, suggesting that regulatory frameworks like MiCA alone are insufficient.
Bank of Italy Warns: Crypto Growth Poses Risks to Investors and Financial Stability
The Bank of Italy’s latest Financial Stability Report highlights the growing risks associated with cryptocurrencies like Bitcoin, citing concerns for investor protection and overall financial stability. The report emphasizes the volatility of crypto assets and their increasing integration with the traditional financial system.