Coinspeaker Facebook Launching Libra Blockchain Testnet Backed by Libra Reserve Next WeekPer the report, Facebook and dozens of its partners will unveil the Libra Association, which will be based out of Geneva, as the entity that will oversee the company’s Libra cryptocurrency project. During the event, the company is also expected to launch the testnet of its blockchain.Facebook Launching Libra Blockchain Testnet Backed by Libra Reserve Next Week