France is creating a G7 cryptocurrency task force to study Facebook's Libra and other cryptocurrencies
Reuters reports that France is creating a G7 task force to study how central banks can ensure cryptocurrencies like Facebook’s recently announced Libra comply with existing financial regulations from money-laundering laws to consumer-protection rules. France’s central bank Governor Francois Villeroy de Galhau said the task force would be led by Benoit Coeure, a European Central Bank board member.
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