Libra Association Names HSBC Chief Legal Officer as First CEO

2020-5-7 19:45

The Libra Association named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year.

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HSBC Chief Legal Officer, Stuart Levey Joins Libra as CEO; Bringing Transparency to the Association

This move comes shortly after Libra initiated a payment system license to commence operations in Switzerland under the oversight of the country’s financial watchdog, FINMA. Speculations arose about a possible launch of the Libra stablecoin by the end of 2020, should the association sort the underlying legal hurdles.

2020-5-7 15:31