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Libra

Facebook Considers Alternative Currency for Libra

As you may have heard, Facebook announced its Libra cryptocurrency, and Calibra digital wallet, in July of 2019. Since then, some of the companies that were founding members of the Libra Association have left it. According to Reuters, Facebook is now considering “alternative approaches of the currency token” that Libra would use. Facebook Inc (FB.O), facing growing skepticism about its

JenThorpe

PayPal Withdraws from Facebook’s Libra

CNBC reported that PayPal is withdrawing from Facebook's Libra Association. CNBC provided a statement from PayPal: PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations. Facebook announced its

JenThorpe