EU Concerns Over US Shift to Embrace Cryptocurrencies and Its Impact on Financial Stability

Reported about 18 hours ago

EU finance ministers express concern that the U.S. administration's newfound support for cryptocurrencies could threaten the euro zone's monetary sovereignty and financial stability. Following President Trump's executive order to create a strategic reserve of cryptocurrencies, officials stress the importance of developing a digital euro to bolster European autonomy and counter potential disruptions from major tech companies in payment systems.

Source: YAHOO

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