PANews reported on February 19 that according to Jinshi Data, Panetta, an executive member of the European Central Bank, said that Trump's presidential order on cryptocurrencies may encourage banks to participate, but it is still too early to assess the specific actions that the United States will take. He stressed that bank supervision can be appropriately simplified, but it is necessary to avoid triggering competition in relaxing supervision, and warned that Europe must avoid excessive regulation.

Panetta pointed out that differences in regulatory approaches between the United States and Europe could pose a problem. In addition, he mentioned that signs of economic weakness in the eurozone were more persistent than expected, and consumer spending failed to drive economic recovery as expected. The weak economy poses a downside risk to inflation, while energy prices pose an upside risk.