Tag Archives: PayPal abandons Facebook-backed Libra cryptocurrency group

SAN FRANCISCO: Pioneering digital payments firm PayPal on Friday said it is abandoning an alliance intended to oversee the Facebook-backed Libra cryptocurrency, which has come under attack by regulators. “PayPal has made the decision to forgo further participation in the Libra Association at this time,” the California-based company told AFP. “We remain supportive of Libra´s aspirations and look forward to …

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