Crypto growth poses risks to investors, financial stability – Bank of Italy

The Bank of Italy identified Bitcoin and other digital assets as emerging risk factors in a recent report, cited concerns for both investors and the financial system.
According to April 2025 Financial Stability reports, the Italian bank flagged the volatility of crypto and increased integration in the wider economy, singing stablecoins and non-financial crypto companies exposure as major concerns.
“Bitcoin’s strong growth and other high-cost crypto-assets mean risks not only for investors but also potential for financial stability, given a growing related between the digital asset ecosystem, the traditional financial sector and the real economic sector,”
The Bank of Italy report also responded to the trend of non-financial corporations holding Bitcoin, saying it exposed them to “marked price volatility” driven by “belief that Bitcoin could support their sharing prices.”
The approach (formerly microstrategy) helped evacuate the Bitcoin corporation purchase, starting with its acquisitions in August 2020. Since then, many companies Next Its lead, including metaplanet, semler scientific, and gamestop.
The Bank of Italy also met the Stablecoins in its report, noting the potential risks if the dollar tokens would be systematic. It has suggested that increasing reliance on US government bonds to back these possession of these properties may introduce greater financial weaknesses. According to the report, disruptions to either stablecoins or the underlying bonds may have “repercussions for other parts of the global financial system.”
The report will only come a few days after Giancarlo Giorgetti, the country’s economic and finances minister, has warned that the US dollar appeal should not be underestimated. According to Giorgetti, US Stablecoin policies is more dangerous than US president tariffs Donald Trump.
Related: Italy’s Plans Plans to Italy to walk Crypto tax rate: Surprise
https://www.youtube.com/watch?v=8acrjvoni-i
Giorgetti, in his speech, has highlights the need to enhance the euro position in the global stage, noting that the development of the digital euro will be played an important role in reducing the hope of foreign digital solutions.
Related: Italy’s largest bank enters the crypto market with $ 1m Bitcoin investment