US policy on stablecoins more dangerous than tariffs, Italian minister says

Quick Summary:

ROME : U.S.policy on stablecoins offers European citizens an attractive payment method for cross-border transactions which should trigger more concern than trade tariffs, Italy's economy minister said on Tuesday.

President Donald Trump has pledged to overhaul rules on cryptocurrencies and reverse a crackdown on the sector that took place under his predecessor Joe Biden.

Dollar-pegged stablecoins, which are a type of cryptocurrencies designed to maintain a constant value, have ballooned in recent years.

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Article Details

Category: EconomyBusiness

Markets: SingaporeItaly

Topics: European Minister Rome Digital Cryptocurrencies Citizens Payment Giorgetti Stablecoins Euro

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 19:00:25 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27917353

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 48 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 39 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #27

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