Did it go unnoticed that @Libra_ Association recently changed its Articles of Association (“AoA”)?— Fatemeh Fannizadeh (@Fatalmeh) November 30, 2019
New AoA have way more details, and several notable changes – other than nicer prose – which are worth highlighting.
I list some of them in this thread (1/21)
First change is the purpose of the association, that went from, literally, “empowering billions of people through a new global currency” to collaborating with others to create a low cost and accessible payment tool on the Libra Blockchain, serving those most in need… pic.twitter.com/Z0Lf5KI5RL— Fatemeh Fannizadeh (@Fatalmeh) November 30, 2019
Second modification regards the Membership clause, with a substantiated section on transfer of membership. Transfer simply wasn’t allowed in the old AoA unless it was within a group of companies. The new AoA give more details and set processes to be followed in case of transfer pic.twitter.com/HALyqRQJmG— Fatemeh Fannizadeh (@Fatalmeh) November 30, 2019
BREAKING: Facebook's Libra project suffers massive blow as MasterCard, eBay and Stripe withdraw https://t.co/XWK8v5pr0f— Business Insider (@businessinsider) October 11, 2019