ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Cryptocurrencies

Doubts over Facebook's Libra swirl at G-7 and US Congress

Cryptocurrencies must not challenge national sovereignty, France's Le Maire says

CHANTILLY, France/NEW YORK -- Finance and central bank chiefs from the Group of Seven major economies agreed Wednesday to "act quickly" in response to Facebook's plans to introduce a digital currency.

French Economy and Finance Minister Bruno Le Maire revealed the G-7 consensus on the social media company's Libra coin at a news conference after the first day of meetings.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more