Trump's support for digital assets may impact Europe's financial stability

From Cointelegraph

March 11, 2025 01:29:54 AM:

European Union finance officials are wary of Trump’s support for digital assets, fearing it may impact Europe’s monetary sovereignty and financial stability. The European Stability Mechanism backs the urgent creation of a digital euro to safeguard Europe’s autonomy. Discussions on European central bank digital currency are crucial to staying ahead. The ECB is expanding its CBDC payment system. Trump has signed an executive order against a Federal Reserve CBDC. ECB President Christine Lagarde has rejected the idea of adding Bitcoin to central bank reserves.

Read more at Cointelegraph: Trump crypto push could hurt Europe’s financial stability: Top EU official