[Italy Launches In-Depth Review of Cryptocurrency Risks] Odaily Planet Daily News: The Italian Ministry of Economy and Finance has launched an in-depth review of cryptocurrency risks for retail investors, aiming to assess safeguards for direct and indirect investments in crypto assets. The Macroprudential Policy Committee, composed of the Governor of the Bank of Italy, insurance and pension regulators, and officials from the Ministry of Finance, warned on Thursday that risks may increase given the growing interconnectedness of crypto assets with the financial system and the fragmented nature of international regulations. This move follows a warning issued by the Bank of Italy in April, which previously highlighted the potential threat posed by the global integration of crypto assets to financial stability. Gyld Finance Co-founder Ruchir Gupta stated that regulatory discrepancies do indeed pose risks, and meaningful regulatory convergence is expected by 2026 as the U.S. clarifies its regulatory path.