Blockchain News

Libra Association Hires ‘Ian Jenkins’ As New Supervisor For Network.

The Libra Association, which oversees the as-yet to be released Libra cryptocurrency, has chosen a chief treasurer & chief risk officer for the project.

According to a recent official announcement, Ian Jenkins, who touts experience from HSBC, Santander, and Credit Suisse, will supervise the Libra Network’s finances & risk management.

The news arrives only days after the multi-governmental group G7 explained that the project needed proper regulatory measures in situ before launch.

“The G7 continues to take care of that no global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, as well as oversight requirements via appropriate design as well as by adhering to applicable standards,” added a draft of the G7’s concerns.

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