Visa, Ebay, Stripe and MasterCard quits Facebook's libra
Posted from my blog with SteemPress : http://blockspill.com/visa-ebay-stripe-and-mastercard-quits-facebooks-libra/
As been reported by Bloomberg on the 11th of October, up to four companies currently have abandoned the Facebook’s libra ship for reasons yet to be known clearly by the public.
source: engadget
According to the reports been gathered it all began from Ebay, Stripe and Mastercard announcing not been part of libra again and minutes after these announcements, VISA bought the same idea and backed out according to a tweet by The block
Meanwhile reading from previous reports on Cointelegraph, VISA, mastercard and stripe has been trying not to bump into regulations problems for being part of the libra movement, which stripe denied at first but came up with this statement on the 11th saying
>“Stripe is supportive of projects that aim to make online commerce more accessible for people around the world. Libra has this potential. We will follow its progress closely and remain open to working with the Libra Association at a later stage”
All these happening one week after Paypal announced it withdrawal from the project cause of regulations problems
Posted from my blog with SteemPress : http://blockspill.com/visa-ebay-stripe-and-mastercard-quits-facebooks-libra/
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