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European Central Bank warns of ‘contagion’ stemming from Trump’s pro-crypto policies – TON BOT

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

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The European Central Bank is concerned about President Donald Trump’s pro-crypto agenda and the potential threat of dollar-backed stablecoins to the eurozone’s financial stability. The ECB is urging the European Commission to review existing crypto regulations to counteract aggressive US reforms. Both institutions disagree on the potential risks posed by foreign-backed stablecoins but agree on the importance of enforcement and the geopolitical implications of the US administration’s efforts to internationalize the dollar through crypto innovation.

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