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🚨🇪🇺ECB’s Fabio Panetta #warned that growing #ties between banks and crypto firms could damage #public trust if losses occur. 🔹 He highlighted that many users misunderstand crypto risks, and unregulated stablecoins pose threats to traditional payments. 🔹Panetta emphasized the need for a digital euro to ensure stability amid rapid technological shifts.
🚨🇪🇺ECB’s Fabio Panetta #warned that growing #ties between banks and crypto firms could damage #public trust if losses occur.

🔹 He highlighted that many users misunderstand crypto risks, and unregulated stablecoins pose threats to traditional payments.

🔹Panetta emphasized the need for a digital euro to ensure stability amid rapid technological shifts.
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