François Villeroy de Galhau raised concerns that Trump’s crypto-centric policies could lead to a significant financial crisis. He noted that previous crises often began in the U.S. And spread globally.

The implementation of Trump’s Strategic Bitcoin Reserve has prompted fears of market manipulation, especially after a notable downturn in Bitcoin’s value, which dropped below 85,000 USD.

Most U.S. Voters oppose the establishment of a national Bitcoin reserve due to worries about volatility and the potential misuse of taxpayer money in supporting such a high-risk asset.