The U.S. "risks sinning through negligence," Villeroy said in an interview with French newspaper La Tribune Dimanche.

European Central Bank Governing Council member Francois Villeroy de Galhau said the US risks bringing about the next financial emergency through its support of cryptocurrencies and non-bank finance.

ECB member François Villeroy de Galhau warns that U.S. support for crypto could trigger a global financial crisis. European officials push for a digital euro