https://www.wired.com/story/ties-bind-facebooks-libra/ > In June, Facebook revealed plans for Libra, a cryptocurrency it hopes will shake up the global payments industry. Facebook says it won’t control Libra, and that key decisions will be in the hands of the Libra Association, a group registered in Switzerland with as many as 100 members, each with equal voting power. > “No single organization can, or should, be solely responsible” for Libra, David Marcus, the Facebook executive who leads the Libra project, told the US Senate Banking Committee in July. “We believe a cooperative approach is both warranted and necessary, and we are therefore working to develop the Libra Association: an independent membership-based organization."