Libra is “absolutely not” in jeopardy after seven firms including PayPal and Visa have dropped out of the project, says the head of Calibra
Coinbase CEO criticized U.S. senators for pressuring Stripe, Mastercard and Visa to leave Libra
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of the project, calls it “liberating.” Also read: European Countries […]
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Visa, EBay, Stripe and Mastercard are dropping out of Facebook’s cryptocurrency project Libra
In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully consider” risks before moving forward. Also Read: […]
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Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra representative Dante Disparte has indirectly criticized the move, noting the required “boldness and fortitude to […]
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$10M Libra node operators unsure about signing up: sources
U.K.-based digital banking app Revolut unveils a major partnership with Visa to expand its services globally across 24 new markets, including North America
Binance clients can now buy 5 cryptos using credit and debit cards by Visa and MasterCard
While some analysts expect platforms like Libra to bolster crypto adoption, others fear the centralization of blockchain payments