Macron: The US easing of cryptocurrency regulations could trigger financial turmoil

According to u.today, French President Macron stated that the increasingly relaxed regulations in the U.S. cryptocurrency sector could trigger financial turmoil. "If the U.S. allows cryptocurrencies to develop too freely, it could lead to global risk spillover effects, as stablecoins typically rely on dollar assets for support." Furthermore, he also called on the European Central Bank (ECB) to reshape its monetary policy to address new financial risks.