Facebook News: Libra Cryptocurrency Could Be In Jeopardy, As Mastercard, Visa And Ebay Pull Out

Facebook News: Libra Cryptocurrency Could Be In Jeopardy, As Mastercard, Visa And Ebay Pull Out

The Facebook cryptocurrency Libra took a major hit on Friday, as Mastercard Inc., Visa and Ebay Inc. left the Libra Association, which supervises the project. Stripe Inc. and Argentina-based Mercado Pago also bailed out of the initiative. On Monday, the companies who are part of the Libra Association will formalize their participation in the initiative.