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"Libra Networks LLC" Registered in Geneva, Switzerland

Published on May 21, 2019
Facebook Global Holdings registered a new cryptocurrency firm named 'Libra Networks LLC' in Geneva, Switzerland.
"Libra Networks LLC" Registered in Geneva, Switzerland
  • It will provide financial and technology services by developing related hardware and software components.
  • Facebook has been very secretive about its new cryptocurrency project.

Details:

  • Facebook had registered the trademark "Libra" with the United States Patent and Trademark Office.
  • Facebook has hired 2 cryptocurrency compliance experts who formerly worked at the major crypto exchange Coinbase to assist in their work.
  • Facebook is looking to raise $1 billion to build this new project.

Question:

Q. Where has Facebook Global Holdings registered a new cryptocurrency firm named 'Libra Networks LLC'?
a. Hamburg, Germany
b. Geneva, Switzerland
c. Paris, France
d. Tokyo, Japan
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