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.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.