PayPal Might Quit Facebook’s Libra Project: Key Implications

Blockchain / Cryptocurrency / Finance / October 6, 2019


When it comes to the payments space, there is no other company that has a reputation as big as that of PayPal (NASDAQ:PYPL). Hence, when it emerged that the payments giant was going to be a part of the Libra Association, there was a lot of anticipation about the sort of product Libra was going to be.

Key Details

However, according to the latest reports, it has emerged that PayPal is now considering pulling out of the Libra Association. The reason behind the decision is tied to the regulatory issues that have dogged Facebook’s (NASDAQ:FB) supposed …

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Paypal Exits Libra – Mastercard and Visa May Follow

Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory...

October 6, 2019