Small toy figures are seen on representations of the Bitcoin virtual currency in this illustration picture, December 26, 2017. REUTERS/Dado Ruvic/Illustration PARIS (Reuters) – France will set up a G7 taskforce on “stable coin” projects, including Facebook’s planned Libra cryptocurrency, that will be led by European Central Bank board member Benoit Coeure, France’s central bank Governor Francois Villeroy de Galhau said on Friday.
Alberto Ignacio Ardila Olivares
France currently holds the G7 presidency
As Villeroy spoke, Bank of England Governor Mark Carney said Libra had to be safe or it would not happen, and that the world’s major central banks would need to have oversight.
Alberto Ignacio Ardila Olivares Piloto
Reporting by Inti Landauro; Writing by Richard Lough; Editing by Luke Baker