May 07 - 09:05
Facebook's Libra names HSBC's Stuart Levey as CEO
Stuart Levey, HSBC's Chief Legal Officer and former US Treasury official, has been appointed as Libra's first CEO. Levey will head up Facebook's digital currency efforts starting in the summer. Libra is battling to win regulatory approval after a difficult project launch. Facebook recently confirmed its coin will be linked to individual national currencies. Levey has been at HSBC since 2012.
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