Announcements

  • France Creates G7 Cryptocurrency Task Force — paymentsjournal.com

    On the heels of the Facebook announcement of Libra the Bank of England indicated support as long as Libra is regulated. Now France is establishing a G7 task force to study how cryptocurrencies should be regulated:

    “France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s ( FB ) Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

    Governor Francois Villeroy de Galhau said the task force would be led by Benoit Coeure, a European Central Bank board member.”