French Central Bank Governor: "U.S. Crypto Asset Policy Could Cause Global Financial Crisis"
Son Min
Summary
- François Villeroy de Galhau, Governor of the Bank of France, stated that U.S. crypto asset policy could cause a global financial crisis.
- The Governor assessed that U.S. economic deregulation is laissez-faire and is sowing the seeds of a financial crisis.
- He indicated that we should be wary of the possibility of a U.S.-originated financial crisis spreading worldwide.
An opinion has emerged that Donald Trump's pro-crypto asset (cryptocurrency) policy could cause a global financial crisis.
On the 16th (local time), François Villeroy de Galhau, Governor of the Bank of France, said in an interview with local media La Tribune Dimanche, "The United States supporting the crypto asset industry and relaxing overall economic regulations is laissez-faire," and "The U.S. government is sowing the seeds of a financial crisis by encouraging crypto assets and non-banking finance." He then suggested that we should be wary of a U.S.-originated financial crisis, saying, "Financial crises often start in the United States and spread worldwide."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
