Mastercard, Visa, Stripe, eBay, and Mercado Pago all bail out of Facebook-led Libra cryptocurrency project, likely due to fears of increased regulatory scrutiny to their own businesses as a result of their participation. Can’t say I blame them.
Facebook Libra Losing Momentum As Its Trust Continues To Plummet
Facebook’s early partners in its Libra Cryptocurrency project are getting cold feet as regulatory scrutiny continues to surround the company.