European Central Bank warns of 'contagion' stemming from Trump's pro-crypto policies

The European Central Bank has raised alarm over President Donald Trump’s pro-crypto agenda, warning that a wave of dollar-backed stablecoins could threaten financial stability across the eurozone and overwhelm the EU’s new crypto regulatory framework. In a confidential policy paper obtained by Politico, the ECB urged the European Commission to revisit the Markets in Crypto […]