A senior central bank official just weighed in on monetary policy stance. Villeroy from the European banking authority emphasized the importance of maintaining robust liquidity levels across the banking sector. His comments come at a time when financial institutions are navigating tighter credit conditions globally. Keeping liquidity ample, he argues, helps ensure stability in the broader financial system. This perspective matters for risk assets too—when banks have breathing room, capital flows more freely into markets. Traditional finance liquidity often sets the tone for crypto market sentiment as well. Worth watching how this policy direction unfolds in coming months.