Saturday, 12 October 2019

Visa, Mastercard shun Facebook's Libra

Visa and Mastercard on Friday announced their departure from 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 said they're exiting Libra. Payment processing company Stripe is stepping back, as well as online auction company eBay.

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