Trends Report

Libra Isn't Dead, But It Needs A Better Form Of Life Support To Survive

Fine Words About Regulatory Compliance Aren't Enough

December 19th, 2019
Martha Bennett, VP, Principal Analyst
Martha Bennett VP, Principal Analyst
With contributors:
Pascal Matzke , Elitsa Kortenska , Madison Bakalar

Summary

October 2019 was an eventful month for Libra: Seven major companies withdrew from the initiative, the Libra Association held its inaugural meeting, and the US House Committee on Financial Services questioned Facebook CEO Mark Zuckerberg. This brief provides an update for CIOs on recent developments and their significance.

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