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:

Payments:

Technology and Marketplaces

Telecommunications

Blockchain

Venture Capital

Nonprofit and Multilateral Organizations, and Academic Institutions

Timeline

September 27, 2019

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

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News

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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
U.S.
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
U.S.
Global payment service provider Checkout.com 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
www.nytimes.com
After months of criticism, the cryptocurrency is moving ahead with significant revisions.
Josh Constine
March 11, 2020
TechCrunch
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
TechCrunch
$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
BetaKit
Shopify is the latest company to join Libra Association, Facebook's new cryptocurrency initiative.
Reuters Editorial
February 21, 2020
U.S.
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
CoinDesk
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
TechCrunch
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
TechSpot
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
Wired
A seventh member exits the body that is supposed to administer Facebook's cryptocurrency, which has set "interim" rules and put together its board.
Russell Brandom
October 14, 2019
The Verge
In Geneva on Monday, the remaining members of the Libra Association held their inaugural meeting, still reeling from the departure of Visa, Mastercard, Stripe, and others.
Colin Lecher
October 14, 2019
The Verge
The news seems to be going from bad to worse for Facebook's cryptocurrency project, as online travel company Booking Holdings has stepped away from the nonprofit Libra Association. As Bloomberg reports, that means seven of Libra's original 28 members have exited the project.
Tom Wilson
October 14, 2019
U.S.
Facebook Inc's Libra cryptocurrency faced a pivotal meeting of backers on Monday, after the ambitious project to bring digital coins into mainstream commerce suffered another defection, from online travel company Booking Holding.
Rob Thubron
October 14, 2019
TechSpot
Back in June, Facebook confirmed long-running rumors by revealing its Libra cryptocurrency and Calibra digital wallet. But within 48 hours of the announcement, Senate officials announced it would be holding a hearing looking into the proposal.
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