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European Central Bank Governing Council Member: US Support for Crypto Assets and Non-Bank Finance Saves the Way for Future Turbulence

US support for cryptocurrencies and non-bank finance risks triggering the next financial emergency, according to Francois Villeroy de Galhau, a member of the European Central Bank's governing council. In an interview with the French weekly Tribune Sunday, he said: "It is possible for the US to commit crimes through negligence. Financial crises often originate in the US and spread to other parts of the world. By encouraging crypto assets and non-bank finance, the US government is sowing the seeds...

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2025-03-16 09:07:41
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