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Doubts over Facebook's Libra swirl at G-7 and US Congress

Cryptocurrencies must not challenge national sovereignty, France's Le Maire says

CHANTILLY, France/NEW YORK -- Finance and central bank chiefs from the Group of Seven major economies agreed Wednesday to "act quickly" in response to Facebook's plans to introduce a digital currency.

French Economy and Finance Minister Bruno Le Maire revealed the G-7 consensus on the social media company's Libra coin at a news conference after the first day of meetings.

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