G7 to discuss CBDC and digital taxation this week


Japanese Finance Minister Taro Aso has revealed the G7’s financial leaders will discuss central bank digital currencies during a meeting on Feb. 12.

The meeting will be chaired by Britain, with representatives from the world’s largest economies set to discuss strategies for navigating their way out of the global economic crisis caused by the coronavirus pandemic.

Friday’s meeting will commence on the topic of CBDCs, but the minister noted the G7 will also discuss the implementation of digital taxation and emerging debt problems.

The G7, or Group of Seven, is an intergovernmental organization consisting of the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom.

The G7 has recently pushed to prioritize the regulation of digital currencies, with the organization reiterating its October statement calling for robust legislation to govern the digital payments sector during a meeting last month.

The October statement also noted CBDC’s could realize significant efficiency savings and reduce friction in the payments sectors of G7 member states.

The G7’s meeting comes as China makes major progress in rolling out its Blockchain Service Network, or BSN, with “big four” consulting firm Ernst & Young announcing it will deploy two blockchain-powered products on the BSN last week. The BSN is the first blockchain network to be developed and maintained by China’s central government.

Source link


  1. [url=http://sofaloans.com/]emergency loan no credit check[/url] [url=http://rboloans.com/]no faxing payday loan[/url] [url=http://cashadvs.com/]guaranteed payday loans no teletrack[/url] [url=http://aroloans.com/]loan without a job[/url] [url=http://spdloans.com/]installment loans with bad credit[/url] [url=http://vedacash.com/]loans personal loans[/url] [url=http://smllending.com/]payday loans mn[/url]

  2. [url=http://azithromycinazithromax.com/]average cost of zithromax[/url] [url=http://edmviagra.com/]how to buy viagra online in usa[/url] [url=http://bactrimpill.com/]buying bactrim online[/url] [url=http://vardlevitra.com/]buy cheap levitra uk[/url] [url=http://univiagra.com/]where do you get viagra[/url] [url=http://asildenafil.com/]where can you buy viagra in canada[/url] [url=http://cialisgentadalafil.com/]otc generic cialis[/url] [url=http://irepharmacy.com/]online pharmacy australia paypal[/url] [url=http://ivermectinrem.com/]stromectol tablets uk[/url] [url=http://savecialis.com/]buy cheap generic cialis online[/url]

  3. [url=https://tetracyclinesale.com/]buy tetracycline online usa[/url] [url=https://prednisonemed.com/]prednisone 20 mg buy online[/url] [url=https://edlevitra.com/]levitra medicine price[/url] [url=https://levitraworx.com/]vardenafil tablets in india[/url] [url=https://antabuseds.com/]disulfiram 500 mg tablet[/url]

  4. [url=http://ssllending.com/]payday loans in corpus christi[/url] [url=http://waltlending.com/]payday advance online[/url] [url=http://paydayloansopt.com/]loans rates[/url] [url=http://spdloans.com/]loans louisiana[/url] [url=http://cashadvc.com/]loan lenders for bad credit[/url] [url=http://cashadvs.com/]how do loans work[/url]


Please enter your comment!
Please enter your name here