Libra Association Hires Former HSBC CEO
The Libra Association, the organization developing the Facebook-backed cryptocurrency payments project, has hired a banking heavyweight with 25 years at HSBC.
The rebranded Libra network aims to come out with an initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.
Bhavsar joins the Libra Association after 25 years in public- and private-sector banking regulation roles.
Disparte will help Circle's global expansion efforts, CEO Jeremy Allaire wrote in a blog post.
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO.
One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system.