Facebook's Libra appoints HSBC's legal chief Stuart Levey as CEO

Facebook's proposed digital currency Libra Association has appointed HSBC's current Chief Legal Officer Stuart Levey as its CEO. Levey has previously served as the Under Secretary of the Treasury for Terrorism and Financial Intelligence. As the CEO of Libra Association he will be "the overall strategic leader for the project". Levey will join Libra Association later this summer.