Following Donald Trump's decree to create a strategic cryptocurrency Reserve, EU officials expressed concern over the financial stability of the eurozone.

Senior EU officials said eurozone finance ministers were concerned that changing the policy of the new US government to accept digital currencies would affect monetary sovereignty and financial stability in the region, Reuters reported on Tuesday.

Trump last week signed an executive order to create a strategic reserve of digital currencies in line with his campaign promises.

Eurozone finance ministers chief pashal Donahue said at a press conference after the meeting that policy developments in other jurisdictions could have important consequences for us in Europe.

He added: "These discussions are related to our currency autonomy and flexibility. The creation of the euro digital by the ECB is therefore crucial.

Reuters has recalled that the European Central Bank has been working on creating a digital euro since 2020.

On the other hand, Pierre germagnia, the head of the eurozone rescue fund, told reporters that the US reception of digital currencies could encourage large tech companies to launch their own payment systems.

He also stressed that what is at stake here is European sovereignty. If successful, it could affect monetary sovereignty and the financial stability of the eurozone.