Conference call: What Facebook's Libra means for the aid sector

This is an excerpt from the event. Devex Pro members and Devex Business Intelligence Account members can watch the full conference call recording below. Via YouTube.

SAN FRANCISCO — Nonprofits put their reputations on the line when they decided to join the Libra Association, the independent nonprofit entity that will handle the design and release of the new global cryptocurrency Facebook has been working on for more than a year.

Mercy Corps, Women’s World Banking, and Kiva knew they would face questions on why they think Facebook, which has come under scrutiny for its mishandling of user data, can be trusted.

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About the author

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    Catherine Cheney

    Catherine Cheney is a Senior Reporter for Devex. She covers the West Coast of the U.S., focusing on the role of technology, innovation, and philanthropy in achieving the Sustainable Development Goals. And she frequently represents Devex as a speaker and moderator. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, worked as a web producer for POLITICO and reporter for World Politics Review, and helped to launch NationSwell. Catherine has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Outside of her own reporting, Catherine also supports other journalists to cover what is working, through her work with the Solutions Journalism Network.