The Bank of Italy's Financial Stability Report warns about the risks posed by the growth of crypto assets, particularly stablecoins, which may significantly impact the financial system if legislative changes occur.
Bitcoin's corporate adoption contributes to market volatility, making non-financial companies vulnerable to price fluctuations, raising concerns about their stability.
The report emphasizes the increasing interconnection between digital and traditional financial sectors, which could destabilize the real economy, highlighting the need for careful regulatory consideration.
Full story here: https://coincu.com/334945-bank-italy-crypto-stability-risk
