Vodafone exits from Facebook’s Libra cryptocurrency project

Vodafone exits from Facebook’s Libra cryptocurrency project

British telecom conglomerate Vodafone has become the eighth firm to back out Facebook’s digital cryptocurrency project, Libra. With this move, Vodafone joins Paypal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the controversial cryptocurrency project. The companies left because the project got into trouble with sceptical regulators across the globe.