libra

Retail Asia11/06/2020

The bank’s top anti-money laundering executive is leaving for Facebook-backed payments project Libra. Sterling Daines is leaving Credit Suisse for Libra, a source familiar with the matter said on Tuesday. The bank had poached Daines three years ago from Goldman Sachs to run its financial crime compliance, or FCC, activities under top compliance boss Lydie Hudson. He […]

Retail Asia11/05/2020

Facebook’s global currency project is taking shape – Libra is poaching its first CEO from HSBC. The banker is impeccably connected in government circles. It feels like Facebook is leaving nothing to chance in its renewed attempt to get Libra, a digital currency network, off the ground. The project sparked fierce regulatory and political opposition […]

Retail Asia09/03/2020

Digital payment systems such as Libra and Alipay may eventually weaken traditional tools of monetary policy. In doing a good job, central banks can prevent this from happening though, according to a high-ranking Swiss central banker. The Swiss National Bank (SNB) is currently engaged in a fight against an appreciation of the Swiss franc and […]

Retail Asia05/07/2019

As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep their cryptocurrency safe, as well as make various transactions. When it launches in 2020, the digital wallet will be available in Messenger, WhatsApp, but also […]

Tag: libra

Libra Poaches Top Credit Suisse Crime-Fighter

Facebook-backed Libra Nabs New CEO From HSBC

The Impact of Libra and Alipay on Monetary Policy

Facebook reveals its new digital currency called Libra