Libra Association responds to Group of Seven: Libra can coexist with central bank digital currency

Libra official Twitter just said that the G7 report affirmed that the stable currency like Libra is the future of digital currency, which provides a path for the development of the regulatory framework. Libra can coexist with the central bank's digital currency. Remarks: A report from the BBC was previously quoted as saying that a report from the Group of Seven (G7) warned that any stable currency project should not be operational until the challenges such as regulation are adequately addressed. In addition, according to Reuters, the report also stated that the authorities should apply existing rules on payments and anti-money laundering, as well as capital markets and banking standards, to stable currencies. In addition, the central bank should consider issuing its own digital currency.