Temasek was among three new members announced for the Libra project. YahooFinance
The Singapore sovereign wealth fund Temasek has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said Thursday.
"The addition of these three new members to the Libra Association shows our commitment to building a diverse group of organizations that will contribute to the governance, technological roadmap and launch readiness of for the Libra payment system," said association vice chairman Dante Disparte. Backers of Libra argue it can help people outside the banking system by lowering transaction costs for many kinds of payments and transactions; critics say it could disrupt the global monetary system and currency markets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Temasek Holdings joins Facebook-backed LibraSAN FRANCISCO: Singapore's Temasek Holdings has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, ...
Read more »
Temasek joins Facebook-backed digital currency project LibraSAN FRANCISCO (AFP) - Temasek Holdings has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said on Thursday (May 14).. Read more at straitstimes.com.
Read more »
Temasek Holdings joins Facebook-backed LibraSAN FRANCISCO: Singapore's Temasek Holdings has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, ...
Read more »
Temasek joins Facebook-backed digital currency project LibraSAN FRANCISCO (AFP) - Temasek Holdings has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said on Thursday (May 14).. Read more at straitstimes.com.
Read more »