G-7 finance chiefs meet online to discuss digital currency challenges

The Group of Seven finance chiefs held a video conference Tuesday to discuss regulatory and other challenges concerning the issuance of digital currencies.The finance ministers and central bank governors from Britain, Canada, France, Germany, Italy, Japan and the United States plus the European Union will also talk about the coronavirus pandemic and their responses to its economic impact, conference sources said. They will release a joint statement after the talks.They are expected to agree on the need to appropriately regulate payment services using virtual currencies to prevent money launder…

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HEDGE accordingly