Day: September 27, 2019

Facebook-Backed Libra Group Pledges to ‘Reassure’ Regulators

The head of the Libra Association, created by Facebook to launch its new cryptocurrency, said Thursday the project’s leaders would aim to “reassure” regulators who have voiced mounting concern over the virtual money. Bertrand Perez, director general of the Geneva-based non-profit association, said Libra will be backed by a basket