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G7

Credit: Shutterstock
Policy
Japan
Fearing 'Currency Struggle,' Japanese Politicians Want G-7 Response to China's Digital Yuan
Some of Japan's lawmakers fears a digital yuan could create economic disruption if it replaces the U.S. dollar in international markets.
Credit: Shutterstock
By Paddy Baker
Feb 7, 2020 at 12:20 p.m. UTC
Feb 7, 2020
JapanPolicydigital currencyG7CBDCs
money_laundering_shutterstock
Markets
Fatf
FATF Joins BIS in Calling Stablecoins 'Global Risk,' Citing Money Laundering Concerns
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.
money_laundering_shutterstock
By Nikhilesh De
Oct 18, 2019 at 7:30 p.m. UTC
Oct 18, 2019
FATFRegulationNewsG7BISLegalStablecoins
bitcoin image
Markets
Libra
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.
bitcoin image
By William Foxley
Oct 18, 2019 at 9:10 a.m. UTC
Oct 18, 2019
LibraRegulationNewsG7Stablecoins
mark, facebook
Markets
Facebook
Facebook Libra Risks to Financial Stability Demand 'Highest' Regulatory Standards, Says G7
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.
mark, facebook
By Daniel Palmer
Jul 18, 2019 at 12:00 p.m. UTC
Jul 18, 2019
FacebookLibraRegulationNewsG7
Japan finance ministry
Markets
Japan
Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.
Japan finance ministry
By Daniel Palmer
Jul 15, 2019 at 2:10 p.m. UTC
Jul 15, 2019
JapanFacebookLibraRegulationNewsG7Asia Pacific
Francois Villeroy de Galhau via Bank of France
Markets
Europe
G7 Forming Task Force in Response to Facebook's Libra Cryptocurrency
France is setting up a task force within the Group of Seven nations to examine regulatory issues raised by Facebook's Libra cryptocurrency.
Francois Villeroy de Galhau via Bank of France
By Daniel Palmer
Jun 21, 2019 at 1:00 p.m. UTC
Jun 21, 2019
EuropeFranceFacebookLibraRegulationNewsG7
bank, vault
Markets
G7
2018: The Year Central Banks Begin Buying Cryptocurrency
A former central banker is predicting big changes on major central bank balance sheets as cryptocurrencies continue to gain adoption and market share.
bank, vault
By Eugéne Etsebeth
Dec 17, 2017 at 1:30 p.m. UTC
Dec 17, 2017
G7central banksMarkets2017 ReviewFeaturesbusiness newsMarkets News
G7
Markets
Regulation
G7 Pledged Support for 'Appropriate' Bitcoin Regulation at June Summit
Representatives at a Group of Seven (G7) meeting in Germany this June announced support for "appropriate regulation of virtual currencies".
G7
By Stan Higgins
Aug 6, 2015 at 6:10 p.m. UTC
Aug 6, 2015
RegulationNewsG7