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

July 18, 2019 Leave a comment

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 ...

Tagged with: cryptocurrencies Facebook French Finance Minister Bruno Le Maire G-7. Group of Seven Libra Melinda Gates Treasury Secretary Steven Mnuchin