Macron: US Easing of Crypto Regulations Could Trigger Financial Turmoil

ChainCatcher news, according to u.today, French President Macron stated that the increasingly relaxed regulation of the crypto sector in the United States could trigger financial turmoil. "If the United States allows cryptocurrencies to develop excessively freely, it may create global risk spillover effects, as stablecoins are usually backed by US dollar assets." In addition, he also called on the European Central Bank (ECB) to reshape its monetary policy to address new types of financial risks.