• libra stablecoin launch January
    Uncategorized

    Facebook’s Libra stablecoin could launch in January

    The Libra Association expects to launch a dollar-backed stablecoin early next year—but is it just limping in the direction of the finish line?

    According to a Nov. 27 Financial Times report, Libra will launch in January with just a single dollar-backed stablecoin. The exact launch date depends on when the association receives the Swiss Financial Market Supervisory Authority’s approval to operate as a payments service, which could come in January after the May 2020 application.

  • Libra adds CFO chief risk officer
    Libra

    Libra adds CFO, chief risk officer

    The Libra Association announced that former HSBC, Credit Suisse banker Ian Jenkins has taken on the dual role at the global stablecoin’s governing body

    The Facebook-founded group announced on Oct. 15 that Ian Jenkins has taken up the dual role of CFO and chief risk officer. He joins recently appointed CEO Stuart Levey and Chief Legal Officer Steve Bunnell at the helm of Libra’s governing body.