Libra: Mastercard, Visa and eBay are leaving the Facebook cryptocurrency

Lay the blows on Facebook on creating and supporting its own cryptocurrency Pound.

Τlast week we had PayPal's withdrawal from the regulator Libra Association and now the biggest names in the alliance are withdrawing their support.

For the sake of truth, the Mastercard, Visa, eBay and Stripe announced their departure from the Libra Association and even chose the same reasoning as the PayPal: are positive about the prospect of Libra, continue to observe and be interested in its evolution, but for the time being want to deal with their own products.

Η Visa, however, was the only one admitted how he wants to see first if the Libra Association will be able to adapt to the expectations of regulators.

For his part, Mr. David Marcus, co-creator of Pound, thanked Visa and Mastercard for staying with them until 11 o'clock, despite the intense pressure they received. He respects their decision to keep a waiting attitude and leaves the doors open in case they wish to participate actively again in the future. He also admitted that these departures are a blow to him Pound, but very soon will have important news to share with the public about the development of the project.

It seems that the objections they voiced about Pound government and financial institutions around the world have managed to "poison" its growth. It turns out that even a giant like Facebook is not at all easy to make radical moves that threaten (theoretically) the established model.

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