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Scholz expresses reservations about Fb digital foreign money



(18 Jul 2019) Germany’s high finance officers stated on Thursday that new regulation was wanted for cryptocurrencies.
Talking to journalists after the G7 Finance Ministers assembly at Chantilly, France, German Finance Minister Olaf Scholz once more expressed reservations a couple of potential future implementation of Fb’s digital foreign money, Libra.
Jens Weidmann, the pinnacle of Germany’s Central Financial institution (Bundesbank), stated that new digital currencies may show engaging for customers.
The main finance officers of the Group of Seven wealthy democracies on Thursday concluded a two-day assembly aiming at discovering frequent floor on the way to tax expertise firms and on the chance from new digital currencies.

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