Facebook's Crypto Hires Two Coinbase Compliance Experts.

t seems that there is no stopping now on the upcoming launch of Facebook coin named as Project Libra. From Paypal executives to now Coinbase compliance experts, Facebook is widening its personnel base to get ready with the upcoming launch.

Mikheil Moucharrafie and Jeff Cartwright joined Facebook as compliance officers after working at Coinbase. The two had been with Coinbase for four years and five years respectively. Not many months ago Facebook prepared its coming launch by having almost 20% of its staff coming from Paypal. With this staff addition coming from Coinbase, Facebook has added people to its already 50 staff members headed by David Marcus, himself a former president of PayPal. This is aside from the blockchain staff they earlier hired last year to develop the platform,

Project Libra is here to come and we shall watch it unfold. We will later know if it will become an industry shaker or will it just fade away in a whimper. What do you think? Will Facebook's crypto be an industry changer or not?

For more of the news: https://cointelegraph.com/news/facebook-onboards-two-former-coinbase-compliance-experts

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