PANews reported on March 17 that according to CoinDesk, François Villeroy de Galhau, a member of the European Central Bank (ECB) Governing Council and Governor of the Bank of France, said in an interview with the French media La Tribune Dimanche that the US government’s support for cryptocurrencies may sow the seeds of future financial turmoil, and warned that the United States "may make mistakes due to negligence."
Villeroy criticized the Trump administration's Bitcoin strategic reserve and digital asset reserve plan, believing that this move will strengthen the non-bank financial system and increase the instability of the financial system. He pointed out that compared with the United States, Europe is more robust in cryptocurrency regulation, which helps reduce systemic risks.
In addition, he stressed that Europe needs to attract more international investors to hold the euro to enhance its global competitiveness, especially against the backdrop of the Trump administration's strengthening of trade protectionism policies.
