De Galhau unveils G7 task force on ‘stablecoins’

François Villeroy de Galhau

François Villeroy de Galhau has announced the launch of a Group of Seven task force that will investigate the impact of so-called stablecoins.

In remarks on June 21, the Banque de France governor said the G7 task force would investigate both Facebook’s recently-launched Libra crypto asset and others that claim to achieve a stable value through a peg to a basket of more standard assets, such as government securities.

European Central Bank executive board member Benoît Cœuré will lead the group,

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: