{"id":420665,"date":"2025-03-07T12:58:28","date_gmt":"2025-03-07T11:58:28","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/03\/07\/le-criptovalute-di-trump-spaventano-ue\/"},"modified":"2025-03-07T14:33:10","modified_gmt":"2025-03-07T13:33:10","slug":"trumps-cryptocurrencies-scare-the-eu-the-eurogroup-seeks-countermeasures","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/03\/07\/trumps-cryptocurrencies-scare-the-eu-the-eurogroup-seeks-countermeasures\/","title":{"rendered":"Trump’s cryptocurrencies scare the EU. The Eurogroup seeks countermeasures"},"content":{"rendered":"

Brussels – Now, the United States under Donald Trump is starting to get really scary. The concerns are about\u00a0moves on cryptocurrencies, the strategic reserves they want to create, and\u00a0the desire for a virtual currency linked to the dollar<\/a>. It is a\u00a0revolution with some\u00a0risks, first and foremost\u00a0of\u00a0crypto-dollar-driven e-commerce. The topic is on the\u00a0Eurogroup meeting agenda<\/a>\u00a0on Monday (March 10), where market developments and challenges for the single European currency are both present and\u00a0growing.<\/p>\n

“The new US administration has a<\/span><\/span><\/strong>\u00a0very pro-cryptocurrency stance,” which is likely to translate into something negative for the eurozone<\/strong> and its currency, well-informed European sources admit.<\/span><\/span> “In January, Trump issued an executive order aiming to ensure US leadership in digital assets in financial technology and to strengthen the international role of the dollar by promoting stable, legal, and legitimate dollar-backed currencies around the world.”<\/span><\/span> A move that was “relevant to us, relevant to our payments landscape.”<\/span><\/span><\/span><\/p>\n

<\/a>
Digital euro [photo: imagoeconomica through artificial intelligence]<\/figcaption><\/figure>\n

In light of the US moves, “one wants to prevent any initiative from having negative consequences on\u00a0stability and sovereignty,<\/strong>” the same EU sources added. In Brussels and other capitals, there are fears that the spread of cryptocurrencies could jeopardize the authority of the European currency as a medium for transactions, thus weakening it in the markets and relegating it to more marginal roles in a world where online payments are increasingly the daily norm<\/a>.<\/p>\n

In this scenario, Trump’s approach raises\u00a0additional questions. European sources admit that “if there is one thing we have learned in the last month and a half, it is that\u00a0the new administration in Washington is ready\u00a0to use all the\u00a0sources of influence it has in negotiations to pressure other countries when it believes it is in the American interest<\/strong>.” Resorting to an\u00a0increasing\u00a0and determined\u00a0use of digital currency for any transaction, starting with significant portals for commercial product sales and bookings.<\/span><\/span><\/span><\/p>\n

The Eurogroup will become the forum for the European Commission and the European Central Bank to assess\u00a0the overall situation, provide an overview of developments in the cryptocurrency markets, and begin to indicate how and in what ways US moves may affect Europe and its single currency.<\/span><\/span><\/span><\/p>\n

\u00a0What is certain is that the EU is behind\u00a0with its digital euro: at least two years were necessary, starting from 2021, to reach the target, but the EU still does not have a tool in place.\u00a0Trump’s rise may provide the push\u00a0needed to avoid being overtaken\u00a0by the virtual global market.<\/p>\n

<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Eurozone economic ministers worried about the possible fallout of US policy on the euro. Monday’s meeting almost becomes an emergency meeting<\/p>\n","protected":false},"author":494,"featured_media":420660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25727],"tags":[26411,30668,27428,27023,29074,30148,26151,25828],"class_list":["post-420665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-the-spotlight","tag-cryptocurrencies","tag-euro-digitale-en","tag-e-commerce-en","tag-payments-electronic-en","tag-ue-usa-en","tag-bank-central-en-en","tag-eurozone-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=420665"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420665\/revisions"}],"predecessor-version":[{"id":420680,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420665\/revisions\/420680"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/420660"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=420665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=420665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=420665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}