ECB Governing Council Member: Trump's encouragement of cryptocurrency is sowing seeds of future turmoil

Odaily News In an interview with the French newspaper La Tribune Dimanche over the weekend, ECB board member Francois Villeroy said, "By encouraging the development of crypto assets and non-bank finance, the US government is sowing the seeds of future turmoil." Villeroy said that European regulation is better protected and there is no risk of a banking crisis in the eurozone. Analysts at the financial website Forexlive said that they do not think the crisis is imminent, but it seems overconfident to say there is no risk. (Jinshi)