Facebook denies that it’s cringing away from its virtual currency plans due to the fact that regulators loathe it.
Tag Archives: Libra
Facebook’s Libra cryptocurrency loses all but one payment company
Gone: Mastercard, Visa, PayPal, eBay, Stripe, Mercado Pago. Of six payments firms first involved in Libra, just one, PayU, remains.
Facebook’s Libra cryptocurrency dealt blow by PayPal’s departure
PayPal abruptly announced that it was leaving the Libra Association.
Facebook Libra rejected by France as “dangerous”
France finance minister: Libra won’t be allowed onto European soil.
Tiny Pacific nation forges ahead with national cryptocurrency
The Marshall Islands is facing rising seas and financial isolation. But critics say their get-rich-quick cryptocurrency scheme won’t work.
Facebook should put a stop to Libra for now, says Congress
Could Facebook’s Libra cryptocurrency undermine the security of the global financial ecosystem?