Libra suffered another major setback as four more early backers announced they were ending their involvement with the Facebook-created Libra Association.
Visa,uncensored asian cumdumpsterw sex videos eBay, Mastercard, and payments processor Stripe all announced that they would leave the organization tasked with making key decisions about the cryptocurrency's future.
Their departures follow PayPal, which announced last week it was leaving the Libra Association, and comes just days ahead of the first Libra Association Council meeting in Switzerland. PayPal left even though its former president, David Marcus, is the head of Libra at Facebook. The Financial Timesfirst reported that eBay and Stripe were leaving, and reports soon surfaced that Visa and Mastercard had departed as well.
The Wall Street Journalhad earlier reported that some founding members were getting cold feet amid regulatory scrutiny and other concerns.
"We are focused on moving forward and continuing to build a strong association of some of the world’s leading enterprises, social impact organizations and other stakeholders to achieve a safe, transparent, and consumer-friendly implementation of a global payment system that breaks down financial barriers for billions of people," Libra Association head of policy and communication Dante Disparte said in a statement. "Although the makeup of the Association members may grow and change over time, the design principle of Libra’s governance and technology, along with the open nature of this project ensures the Libra payment network will remain resilient. We look forward to the inaugural Libra Association Council meeting in just 3 days and announcing the initial members of the Libra Association."
SEE ALSO: Tim Cook throws shade at Facebook's Libra cryptocurrencyNone of the companies have provided reasons for their sudden exit. Though there are still a number of other founding members who currently remain part of the Libra Association, these names represent some of its biggest partners. At the time of this writing, logos for eBay, MasterCard, Visa, and Stripe were still prominently displayed on the Libra Association's website.
"We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member," an eBay spokesperson said in a statement. "At this time, we are focused on rolling out eBay’s managed payments experience for our customers."
A Stripe spokesperson said the company could opt to work with Libra at a future date. "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.”
Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee later this month, where he'll likely face questions about Libra, as many lawmakers have been critical of the cryptocurrency project.
Topics Facebook Cryptocurrency
Torrance Event Shines Spotlight on Shochu
Apple already unbans Epic Games, will allow Fortnite on iPhone in EU
Wordle today: The answer and hints for March 13
Buy yourself a Heaven's Gate or Pirate's Bay email address from MSCHF
Memorial for Hiroshima and Nagasaki Atomic Bombings at JANM
How to watch the 2024 Oscars without cable: Everything you need to know
Amazon Spring Sale fitness deals: Peloton bikes and more up to 51% off at Amazon
Apple's iPad Pro could come with a matte display
Discussion of Jimmie Omura Memoir at JANM
Top 10 VPNs people are searching for after Pornhub blocked Texas
Keiro and JACCC Host Keiro no Hi Festival in Little Tokyo
Best smartwatch deal: Score the Samsung Galaxy Watch5 Pro Bespoke Edition for 56% off
Apple already unbans Epic Games, will allow Fortnite on iPhone in EU
Best earbuds deal: The Echo Buds with noise cancellation are just $54.99 at Amazon
115 Years of Fugetsu
'One Life' review: Anthony Hopkins gives another emotionally wrecking performance
Get 'Marvel's Spider
How to watch the 2024 Oscars without cable: Everything you need to know
OBITUARY: George Aki, 103; 442nd RCT Army Chaplain
NYT's The Mini crossword answers for March 20
Apple revokes iCloud's Advanced Data Protection in the UK over government privacy disputeWordle today: The answer and hints for February 20, 2025Meta execs likely to receive major bonuses following company layoffsBest gaming laptop deal: Get $600 off the Acer Predator Helios Neo 14What's new to streaming this week? (Feb. 21, 2025)Webb telescope finds Milky Way black hole never stops strobing lightBest iPad deal: Save $50 on 2025 11Best tablet deal: Get the Samsung Galaxy Tab S9 FE for 36% off at AmazonNYT Strands hints, answers for February 22G20 summit shows Trump took U.S. from first to worst on climate change in under a year Amazon Pharmacy launches same Beyoncé's 'Cowboy Carter': social media reactions NCSU vs. Duke basketball livestreams: How to watch live Apple users targeted by annoying 'Reset Password' attack Amazon Big Spring Sale 2024: Shop 300+ deals on Apple, robot vacuums, security cameras, more NYC Mayor Eric Adams has relied on new tech to solve his problems. It hasn't worked out. Best Amazon Fire Tablet accessories deals: Get cases and keyboards up to 20% off Apple confirms WWDC 2024 will start on June 10 NCSU vs. Marquette basketball livestreams: How to watch live Best Amazon Spring Sale 2024 printer deals: Get an HP all
0.1626s , 14353.765625 kb
Copyright © 2025 Powered by 【uncensored asian cumdumpsterw sex videos】Enter to watch online.Support for Facebook's cryptocurrency is already falling apart,Global Perspective Monitoring
