On May 19, the Libra Association, the organization behind Facebook’s Libra stablecoin project, announced the appointment of Robert Werner as its general counsel, in what seems to be a continuing strategy to reconcile with regulators.
Werner brings vast experience from both the public and private sectors, including serving as the director for the Finance Crimes Enforcement Network (FinCEN) and overseeing both HSBC and Goldman Sachs’ enterprise executive for policy and regulations.