Facebook’s Libra Association crumbling as Mastercard, Stripe, and eBay exit

Credit: The Verge- Published 6 days ago
Illustration by William Joel / The Verge

Mastercard, eBay, and Stripe have all withdrawn from the Libra Association, dealing a major blow to Facebook’s plans for a distributed, global cryptocurrency. The withdrawals were first reported by the Financial Times and Bloomberg.

Mastercard, eBay, and Stripe backed out just one...

Credit: Cheddar Inc.
Published 3 days ago -  04:52
Visa, Mastercard, Stripe Have Left Libra, but Facebook's Digital Coin Isn't Dead Yet
In recent weeks, PayPal, Visa, Mastercard, Stripe, eBay, and South American payment platform Mercado Pago have announced that they were dropping out of Facebook's digital currency effort.

You are here

More: Cryptocurrencies

Recent related videos from verified sources

Facebook's Libra Cryptocurrency Forms Governing Association 01:24
Credit: Rumble - Published 2 days ago 

Why Facebook Investors Shouldn't Be Worried About Companies Pulling Out of Libra 01:19
Credit: The Street - Published 3 days ago 

Lawmakers Push Visa And Mastercard To Bail On Facebook's Libra 00:34
Credit: Wochit Business - Published 1 week ago 

Recent related news from verified sources

Good morning forkers, it’s that time of the week again. It’s Hard Fork’s wrap-up of the weekend’s cryptocurrency and blockchain headlines you shouldn’t...
4 days ago • The Next Web

· *MasterCard, Ebay, and Stripe are exiting Facebook's planned cryptocurrency project, Libra.* · *PayPal also dropped out of talks to work with Facebook on...
6 days ago • Business Insider

You might like