Libra member companies are planning to meet this month in Switzerland

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Libra member companies are planning to meet this month in Switzerland
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Founding members of the Libra Association are planning to meet October 14 in Geneva.

, a luxury e-commerce firm and founding member of the Libra Association, confirmed to CNBC it will be attending the Geneva meeting, which the company said had been planned for "some time."

Other founding members, including Facebook, did not immediately respond to CNBC's requests for comment. The Libra Association declined to provide additional details.made up of more than two dozen companies tasked with overseeing a new digital currency called libra. The goal of libra, according to the organization, is to provide a new way to send, receive and spend money, "enabling a more inclusive global financial system.

Founding members committed an initial $10 million to join the group. Some news reports have indicated there is waning support for the project from some member companies like

 

It has a role to play even if it is not in all countries. I can see it and plug it in and those companies can also partner with me on other projects also in other nations too--Those companies are not under investigation--

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