{"id":87605,"date":"2020-10-12T22:25:16","date_gmt":"2020-10-12T19:25:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/g7-will-block-libra-launch-until-regulations-in-place\/"},"modified":"2020-10-12T22:25:16","modified_gmt":"2020-10-12T19:25:16","slug":"g7-will-block-libra-launch-until-regulations-in-place","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/g7-will-block-libra-launch-until-regulations-in-place\/","title":{"rendered":"# G7 will block Libra launch until regulations in place"},"content":{"rendered":"<p>&#8220;<strong># G7 will block Libra launch until regulations in place <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5ldS1jZW50cmFsLTEuYW1hem9uYXdzLmNvbS9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTAvOWY3MmQxMjAtYWZkNC00YjIxLWFiNDItYTQ3MjU1OTAyZTc0LmpwZw==.jpg\" \/><\/p>\n<div data-v-17f60ba6=\"\">In a draft of a statement expected to be released tomorrow, countries representing the world\u2019s largest economies said that they would initially oppose the launch of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>\u2019s Libra project.<\/p>\n<p>According to an Oct. 12 report from Reuters, central bankers and finance ministers from the United States, Canada, Japan, Germany, France, Italy, and the U.K (also known as the Group of Seven, or G7), <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/us-g7-stablecoin\/facebooks-libra-must-not-start-until-properly-regulated-g7-draft-idUSKBN26X21I\">said<\/a> it would halt global stablecoin projects pending <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ropriate regulatory oversight. <\/p>\n<p>The draft stated:<\/p>\n<blockquote><p>\u201cThe G7 continues to maintain that no global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements through appropriate design and by adhering to applicable standards.\u201d<\/p><\/blockquote>\n<p><em>This story is developing and will be updated.<\/em><\/p>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/g7-will-block-libra-launch-until-regulations-in-place\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# G7 will block Libra launch until regulations in place &#8221; In a draft of a statement expected to be released tomorrow, countries representing the world\u2019s largest economies said that they would initially oppose the launch of Facebook\u2019s Libra project. According to an Oct. 12 report from Reuters, central bankers and finance ministers from the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":87606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.eu-central-1.amazonaws.com\/s3.cointelegraph.com\/uploads\/2020-10\/9f72d120-afd4-4b21-ab42-a47255902e74.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75492,75494,75493,4974,70934],"class_list":["post-87605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-eu","tag-libra","tag-stablecoin","tag-facebook","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/87605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=87605"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/87605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/87606"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=87605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=87605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=87605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}