Italy Hits the Panic Button — Launches Full-Scale Crypto Risk Investigation

Italy’s Economy Ministry didn’t quietly “review” crypto.

They launched a full-blown probe into digital asset risks — the kind usually reserved for systemic threats and banking crises.

European regulators fear that the explosive growth of retail crypto could destabilize parts of the financial system if left unchecked.

The message is clear:

For the first time, a major EU state is treating crypto not as a curiosity — but as a potential national vulnerability.