Bank of France Governor: Trump's embrace of cryptocurrencies could trigger another financial crisis

On March 17, Bank of France Governor François Villeroy said that Trump's embrace of cryptocurrencies could trigger another financial crisis. Villeroy said on Sunday that the United States is making the mistake of negligence by supporting the cryptocurrency industry, waging fierce trade wars against various countries, and deregulating various areas of the U.S. economy. "Financial crises tend to start in the U.S. and then spread to the rest of the world," Villeroy said. By encouraging cryptocurrencies and non-bank finance, the U.S. government is laying the foundation for future turmoil." （DL News）