The Bank of Italy identified Bitcoin and other digital assets in a recently published report as emerging risk aspects, with each investors and the economic system.
In its report on financial stability in April 2025, Bank of Italy adds crypto volatility and increasing integration into the broader economy, the stable coins and the crypto exposure of non-financial firms issue essential concerns.
“The strong growth of Bitcoin and other crypto-assets with high price volatility means risks not just for investors, but in addition for financial stability in view of the growing connections between the digital asset ecosystem, the standard financial sector and the true economy,” the report said.
Extract from the financial stability report of the Bank of Italy. Source: Italy of Italy
The Bank of Italy's report also handled the trend of non -financial firms that Bitcoin held, and explained that it’s exposed to “pronounced price volatility”, which is exposed to “the conviction that Bitcoin can support its stock prices”.
Strategy (formerly Microstrategy) helped popularize Bitcoin's corporate purchase and commenced his acquisitions in August 2020.
Italy also handled stable coins in its report and located potential risks if tokens were to be swiveled with dollars. It was proposed that increased confidence within the US state bonds in an effort to support these assets may lead to wider financial weaknesses. According to the report, disorders within the stable coins or the underlying bonds could have “impact on other parts of the worldwide economic system”.
The report takes place only a number of days after Giancarlo Giortetti, the country's finance minister, warned that the calling of the US dollar stablecoins mustn’t be underestimated. According to Giortetti, the US StableCoin policy is more dangerous than the tariffs of US President Donald Trump.
https://www.youtube.com/watch?v=8acrjvoni-i
In his speech, Goriorti emphasized the necessity to improve the position of the euro on the worldwide stage and located that the event of the digital euro would play a decisive role in reducing the dependency on foreign digital solutions.