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The group responsible for governing Facebook's libra currency lost its managing director
The Libra Association that is responsible for governing Facebook’s proposed cryptocurrency lost its interim managing director, according to a person with direct knowledge. Simon Morris, who was the Libra Association’s head of product and interim managing director, left the organization in August, according to his LinkedIn profile. The departure is the latest sign of trouble for Facebook’s proposed cryptocurrency, which is slated for launch in 2020. As interim managing director, Morris was responsible for recruiting a team to fulfill the association’s various roles. Morris was with the Libra Association for ... (full story)