Reported about 18 hours ago
Francois Villeroy de Galhau, a member of the European Central Bank, cautioned that the United States' backing of cryptocurrencies and non-bank finance may lead to future financial disruptions. In a recent interview, he emphasized that financial crises typically start in the US and spread globally, stressing that Europe has stronger regulatory oversight and that the euro should play a bigger role in the international arena.
Source: YAHOO