PayPal Quits Facebook Cryptocurrency Project Libra

The post PayPal Quits Facebook Cryptocurrency Project Libra written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics

PayPal has become the first company to drop out of Facebook’s Libra cryptocurrency, as Zuckerberg’s answer to a global currency continues to face slapdowns from regulators around the world. PayPal bailed out without giving a reason. It said in a statement: “PayPal has made the decision to forgo further participation in the Libra association at […]

The post PayPal Quits Facebook Cryptocurrency Project Libra written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics

Original source: https://www.the-blockchain.com/2019/10/07/paypal-quits-facebook-cryptocurrency-project-libra/

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