Visa, Mastercard shun Facebook's Libra digital currency plan

Visa, Mastercard shun Facebook's Libra digital currency plan

5 years ago
Anonymous $JavybBYWR5

https://apnews.com/a821db3473bd411e90e591d6c1034845

NEW YORK (AP) — Visa and Mastercard are dropping out of Facebook's Libra project, a potentially fatal blow to the social network's plan for a worldwide digital currency.

Along with the two payment giants, several other large companies have announced their departures from Libra. Payment processing company Stripe said it was stepping back, as well as online auction company eBay.