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US Crypto Push Threatens EU’s Strategic Autonomy, ESM Chief Says - BLOOMBERG
By Jorge Valero, Kamil Kowalcze, and Alessandra Migliaccio
The Trump administration’s support of crypto currencies could hurt Europe’s monetary autonomy, supporting the case for a digital euro, according to a top EU official.
“The US administration is favorable toward cryptocurrencies and especially dollar-denominated stablecoins, which may raise certain concerns in Europe,” European Stability Mechanism Managing Director Pierre Gramegna told reporters in Brussels on Monday.