French President Emmanuel Macron has expressed concerns over the United States' increasingly relaxed regulation of crypto assets and stablecoins, warning it could lead to global financial instability. Macron highlighted the close ties between stablecoins and dollar assets, suggesting that inadequate regulation could pose risks to global markets. He urged Europe to maintain monetary sovereignty and not follow the US's regulatory approach, calling on the European Central Bank to adjust monetary policies to address emerging financial risks. The global stablecoin market has recently surged by nearly 50%, exceeding $300 billion, prompting ECB officials to warn of potential systemic risks.
Macron Warns of Global Financial Instability from US Crypto Regulation
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