The Libra Association, the group behind Facebook’s digital asset endeavor, unveiled an update to its brass.
The association announced Sterling Daines fills the role of announced its Chief Compliance Officer, or CCO, at the ourfit, said a statement provided to Cointelegraph staff.
Daines comes on board to ensure safety
“I am pleased to join the Libra Association as it works to transform the digital payment space to empower billions of people,” Daines said in the statement, adding:
“A critical element of achieving this mission is to ensure we are building a safe, compliant, and reliable platform for all users, which I look forward to significantly contributing to.”
The Libra Association has focused on safety with recent hires
Daines holds previous expertise in finance keeping with anti-money laundering practices while preventing fraud and other nefarious practices, the statement said.
Cointelegraph reached out to Libr for additional details, but received no response as of press time. This article will be updated accordingly should a response come in.