ECB Warns of ‘Financial Contagion’ Risk from US Crypto Policies, Reports Politico
ECB fears that US President Donald Trump’s support for the crypto industry could trigger ‘financial contagion’ and harm Europe’s economy. This is reported by Politico citing an internal document from the regulator. The bank is concerned about the potential strengthening of dollar-backed stablecoins. According to the ECB, the existing MiCA regulations in the EU may […]