Libra Association

Libra Association

Non-profit association overseeing the development of the Libra digital currency ecosystem. Based in Geneva, Switzerland

The Libra Association is an independent, non-profit membership organization overseeing the growth of the Libra digital currency ecosystem. The association members intend to work with policymakers as the Libra ecosystem is developed and operationalized and as regulations adapt to address innovation and other changes in the market.

Association Members

The Founding Members of the Libra Association will each run a validator node in the BFT-based Libra Blockchain. Known members include:

  • Mastercard
  • PayPal
  • Stripe
  • Visa
  • PayU
Technology and Marketplaces
  • Booking Holdings
  • eBay
  • Facebook
  • Farfetch
  • Lyft
  • Mercado Pago
  • Spotify
  • Uber
  • Iliad
  • Vodafone
  • Anchorage
  • Coinbase
  • Bison Trails
  • Xapo
Venture Capital
  • Andreesen Horowitz
  • Breakthrough Initiatives
  • Ribbit Capital
  • Thrive Capital
  • USV
Nonprofit and Multilateral Organizations, and Academic Institutions
  • Kiva
  • Creative Destruction Lab
  • Mercy Corps
  • Women's World Banking


September 27, 2019
The Libra Association meets with European Union authorities to discuss the opposition voiced by Germany and France.



Further reading


Documentaries, videos and podcasts





December 2, 2020
Facing regulatory backlash worldwide, the Libra Association has decided to change its name to Diem Association in a bid to reinforce its organisational independence
Igor Bonifacic
November 27, 2020
Facebook controversial Libra cryptocurrency could launch as early as January, but it appears the project has once again scaled back its ambitions.
Romain Dillet
November 27, 2020
According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again. When it was first unveiled, the Libra cryptocurrency was supposed to be a brand new currency tied to a basket of fiat currencies [...]
JD Alois
November 27, 2020
Crowdfund Insider
Click HERE to find out ⭐ Facebook's Libra Cryptocurrency May Launch in January but as a Dollar Backed Stablecoin. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
JD Alois
June 10, 2020
Crowdfund Insider
Click HERE to find out ⭐ Fortress Management: Libra Association Continues to Add High Profile Executives to Management, MD and Global Head of Financial Crime Compliance at Credit Suisse Joins Libra. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
JD Alois
May 19, 2020
Crowdfund Insider
Click HERE to find out ⭐ Libra Association Hires Former FinCEN Director Robert Werner as General Counsel. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
JD Alois
May 14, 2020
Crowdfund Insider
Click HERE to find out ⭐ Temasek, Paradigm and Slow Ventures Join the Libra Association. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Reuters Editorial
May 6, 2020
Libra Association, the entity managing the Facebook Inc-led effort to build global digital currency Libra, on Wednesday named Stuart Levey as its first chief executive officer.
Reuters Editorial
April 28, 2020
Global payment service provider said on Tuesday it would join Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra.
Nathaniel Popper and Mike Isaac
April 16, 2020
After months of criticism, the cryptocurrency is moving ahead with significant revisions.
Josh Constine
March 11, 2020
Some Libra Association members like Andreessen Horowitz and Coinbase are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation's 'Alliance For Prosperity' offers a way for developers to build decentralized mobile apps that are based on Celo's blockchain platform and USD stablecoin. The open-source Celo platform is [...]
BBC News
March 4, 2020
BBC News
The firm had hoped to revolutionise payments with a single digital currency.
Josh Constine
February 26, 2020
$28 million-funded crypto startup Tagomi will be the newest member of the Libra Association that governs the Facebook-backed Libra stablecoin, TechCrunch has learned. A formal announcement of Tagomi joining was slated for Friday or next week. Tagomi offers a platform that helps large traders and funds easily access cryptocurrency markets. The news comes days after [...]
Isabelle Kirkwood
February 21, 2020
Shopify is the latest company to join Libra Association, Facebook's new cryptocurrency initiative.
Reuters Editorial
February 21, 2020
Canadian e-commerce company Shopify Inc said on Friday it would join Libra Association, a group that manages Facebook Inc led efforts to launch a global digital currency, Libra.
Nikhilesh De
January 21, 2020
Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall.
Mike Butcher
November 20, 2019
Kleiner Perkins has joined a $24.5 million Series A funding round for Bison Trails, a provider of blockchain protocols, which was led by Blockchain Capital to develop the firm's infrastructure services. Other participants included Coinbase Ventures, ConsenSys, A Capital, Collaborative Fund and Sound Ventures as new investors. Galaxy Digital and Initialized, as early backers, joined [...]
Kevin Webb
October 23, 2019
Business Insider
Facebook has been leading talks to launch a new cryptocurrency called Libra, but the company could withdraw if US lawmakers don't approve the project.
Adrian Potoroaca
October 22, 2019
Between the privacy scandals and antitrust scrutiny, Facebook is having a hard time convincing regulators that its Libra cryptocurrency is an idea worth putting into practice. Recently, several important backers of the project officially abandoned it, and others are planning...
Gregory Barber
October 15, 2019
A seventh member exits the body that is supposed to administer Facebook's cryptocurrency, which has set "interim" rules and put together its board.


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