Concerns Rise Over US Crypto Initiatives Harming EU's Sovereignty, ESM Chief Warns

The European Union's strategic autonomy is under threat due to the United States' advancements in the cryptocurrency sector, according to Klaus Regling, the head of the European Stability Mechanism (ESM). In a recent address, Regling pointed out that the aggressive push made by the US in the realm of digital currencies could compromise the EU's economic independence, potentially putting European markets at a disadvantage.

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