ECB's Villeroy: Trump's encouraging crypto is sowing the seeds of future upheavals

European Central Bank Governing Council member Francois Villeroy de Galhau spoke over the weekend in an interview with the French weekly La Tribune Dimanche:

• "By encouraging crypto-assets and non-bank finance, the American administration is sowing the seeds of future upheavals.”
• Villeroy said European supervision was better secured and said there was no risk of a banking crisis in the bloc.

Oh dear ... "no risk of a banking crisis in the bloc". I don't see one as imminent but to say no risk seems rather (over) confident.