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Facebook’s Libra gets stark warning from G-7 finance chiefs

Melinda Gates, right, and US Treasury Secretary Steve Mnuchin attend a meeting at the G-7 Finance in Chantilly, north of Paris. AP Photo by Michel Euler

Finance chiefs from the Group of Seven rich democracies issued a stark warning on Thursday that cryptocurrencies like Facebook’s Libra should not be allowed before “serious regulatory and systemic concerns” are put in check. France, which this year chairs the ...

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Facebook’s Libra gets stark warning from G-7 finance chiefs

Melinda Gates, right, and US Treasury Secretary Steve Mnuchin attend a meeting at the G-7 Finance in Chantilly, north of Paris. AP Photo by Michel Euler

Finance chiefs from the Group of Seven rich democracies issued a stark warning on Thursday that cryptocurrencies like Facebook’s Libra should not be allowed before “serious regulatory and systemic concerns” are put in check. France, which this year chairs the ...

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US objects to French tax on tech firms as G-7 gets under way

British Chancellor of the Exchequer Philip Hammond, left, Federal Reserve Chair Jerome Powell, center, and U.S Treasury Secretary Steve Mnuchin attend a working session at the G-7 Finance in Chantilly, north of Paris. The Trump administration is objecting to France's plan to tax Facebook, Google and other U.S. tech giants, a rift that's overshadowing talks between seven longtime allies near Paris this week on issues ranging from digital currencies to trade. AP Photo by Michel Euler

The Trump administration is objecting to France’s plan to tax Facebook, Google and other U.S. tech giants, a rift that’s overshadowing talks between seven longtime allies near Paris this week on issues ranging from digital currencies to trade. As finance ...

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