Gate News message, April 27 — Kenneth Rogoff, former chief economist of the International Monetary Fund, has warned that the Trump administration’s push for financial deregulation—particularly loosening bank capital requirements and regulatory transparency—is significantly raising the risk of a systemic financial crisis in the United States. Rogoff highlighted that one key rationale behind deregulation efforts is to help traditional banks maintain innovation and competitive strength against cryptocurrencies, especially stablecoins pegged to the U.S. dollar.
Rogoff cautioned that if crypto regulation is simultaneously loosened alongside traditional financial deregulation, a “double deregulation” scenario could emerge, potentially leading to systemic collapse. He noted that while a full-scale banking crisis may not materialize in the near term, the risks have visibly increased, and the regulatory balance between stablecoins and the traditional banking system has become a critical vulnerability.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran Suspends Steel Billet and Steel Plate Exports Until May 30
Gate News message, April 27 — Iran has suspended exports of steel billets and steel plates until May 30, according to Iran's state media.
GateNews6m ago
Bitcoin Community Questions US Military Officials' Crypto Knowledge After Senate Testimony
Gate News message, April 27 — Admiral Samuel Paparo testified before the U.S. Senate and House on April 21 and April 22 that Bitcoin has cybersecurity value and that the U.S. military is already operating a node on the network. According to a House Armed Services Committee transcript released by
GateNews1h ago
Five Central Banks to Hold Policy Meetings This Week; Monetary Decisions Expected to Drive Markets
Gate News message, April 27 — Five major central banks—the Bank of Japan, Bank of Canada, U.S. Federal Reserve, Bank of England, and European Central Bank—will hold policy meetings this week, with monetary policy decisions expected to be the primary market driver, according to Asger Wilhelm
GateNews2h ago
Bitcoin falls below $78,000, as negotiations between the U.S. and Iran again hit a stalemate, pushing up oil prices
Bitcoin slipped below $78,000 during Asian early trading on Monday, April 27; meanwhile, with the U.S.-Iran second round of peace talks falling through again, the price of Brent crude oil rose 1% to $106.50 per barrel. U.S. crude oil (WTI) rose in tandem by 1% to $95.40 per barrel. Ether was quoted at $2,335.24, and Ripple was quoted at $1.4230.
MarketWhisper3h ago
U.S. Economic Data This Week May Drive Crypto Market Volatility; Fed Decision and Jobs Report Key
Gate News message, April 27 — The crypto market slipped 0.5% to $2.59 trillion as investors braced for several major U.S. economic releases this week that could shape Bitcoin and altcoin price direction. Bitcoin traded near $77,800, while the Crypto Fear & Greed Index has recently moved toward the m
GateNews3h ago
France: More than 40 crypto investor kidnappings in 2026, involving leaked tax data
According to Market Forces Africa, reported on April 27, incidents of kidnapping and violent attacks targeting cryptocurrency investors in France have increased sharply. On the X platform, Telegram founder Pavel Durov said that since the beginning of 2026, he has recorded 41 cases of cryptocurrency investor kidnappings, averaging one incident every 2.5 days, and that they are linked to a leak of French tax records.
MarketWhisper5h ago
