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General

G7 ministers concerned about crypto currencies, talk about tech tax

Friday 19 July 2019 | 10:40 CET | News
Ministers from the G7, the world's top seven economies, held informal talks in Chantilly, France, and agreed that "stablecoins" and other new currency products, including Facebook's Libra project, raise "serious regulatory and systemic concerns," Reuters reported. The G7 also agreed that large tech companies such as Google, Amazon, Facebook or Apple could be taxed in countries where they are making money, even if they do not have a physical presence there.

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Categories: General
Companies: Amazon / Apple / Facebook / Google
Countries: World
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