The Italian bank identified bitcoins and other digital assets as emerging risk factors in the recent report, citing Fears of both investors and the financial system.

In the report on the financial stability of April 2025, the Italian Bank flags cryptographic variability and growing integration with a wider economy, distinguishing Stablecouins and non -financial exhibition of cryptographic companies.

“A strong growth of Bitcoins and other crypto-aakers with high price variability means a risk not only for investors, but also potentially in the case of financial stability, taking into account the growing connections between the digital assets ecosystem, the traditional financial sector and the real economy,” notes the report.

The report of the Italian bank also dealt with the trend of non -financial corporations with Bitcoin, stating that it exposes them to “clear price variability” driven by “the belief that Bitcoin can support their share prices.”

The strategy (earlier Microstrategy) helped to popularize the Bitcoin corporate purchase, starting the acquisitions in August 2020.

The Italian bank also turned to Stablecouins in its report, paying attention to the potential risk if the dollars tokens were to become systemic. This suggests that increased relying on US government bonds to support these assets can introduce wider financial gaps. According to the report, disturbances in Stablecouins or basic bonds may have “consequences for other parts of the global financial system”.

The report appears only a few days after Giancarlo Giorgetti, the Minister of Economy and Finance of the Country, warned that the reference to the American dollar should not be underestimated. According to Giorgetti, US policy Stablecoin is more threatening than the tariff of US President Donald Trump.

Related: Italy reduces the plans for the raise in cryptographic tax rate: Report

https://www.youtube.com/watch?v=8acrjvoni-i

In his speech, Giorgetti emphasized the need to raise the position of the euro on the global stage, noting that the development of the digital euro will play a key role in reducing relying on foreign digital solutions.

Related: The largest bank in Italy enters the cryptographic market with a Bitcoin investment worth $ 1 million