Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready
COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.
Beller, 27, will become a general partner at NFX. She'd worked at a16z before joining Facebook.
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.
Finance officials never once named libra. But they didn't have to; the proposed stablecoin's shadow still looms large.
The new general counsel is Libra's second in just three months.
Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.