The European Central Bank's executive warned: Trump's support for Cryptos may trigger the next financial crisis.
① François Villeroy de Galhau, a member of the European Central Bank's Governing Council, warned that the USA's support for Cryptos and non-bank finance could trigger the next financial crisis. ② He pointed out that the USA government's encouragement of Cryptos and non-bank finance is sowing the seeds for future turmoil. ③ Villeroy emphasized that there is no risk of a banking crisis in the Eurozone and called for a more significant role for the Euro internationally.
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