Visa, Mastercard Pull Out Of Facebook’s Cryptocurrency Project

Visa, Mastercard Pull Out Of Facebook’s Cryptocurrency Project

Visa and Mastercard have announced their departure from Facebook’s Libra project, a potentially fatal blow to the social network’s plan for a worldwide digital currency. Along with the two payment giants, several other large companies have said they’re exiting Libra. Payment processing company Stripe is stepping back, as well as online auction company eBay.