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Fearing ‘Currency Struggle,’ Japanese Politicians Want G7 Response to China’s Digital Yuan

Japanese politicians are calling on G7 members to respond to China's digital yuan by collaborating on digital currency research. Senior politicians from the ruling Liberal Democratic Party (LDP), led by former economy minister Akira Amari, told reporters Friday that Japan should share information and technical studies with the U.S. and

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G7 Report: Facebook’s Libra Cryptocurrency Continues to Pose a Threat

A pending report issued by the G7 committee moves to warn stakeholder’s about the serious security flaws exhibited by Facebook’s Libra which is pegged to real world assets such as government holdings and national fiat currencies.The BBC reports a draft of the report that reprimands digital currencies’ issuers in harsh

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France Creates G7 Taskforce to Examine Facebook’s Libra, Crypto Regulation

A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s libra, Reuters reported on June 21.Francois Villeroy de Galhau, the governor of France’s central bank, said:“We want to combine being open to innovation with firmness on regulation. This is in everyone’s interest.”Although Paris has said it is not

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