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Big blow to Facebook’s Libra: Mastercard, Visa, Stripe, eBay and Mercado Pago all pull out

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The floodgates opened today on Facebook Inc.’s Libra Association as no fewer than five more companies exited the group overseeing the social network’s proposed cryptocurrency: Mastercard...
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Zuckerberg to testify in Washington Oct. 24 as Libra partner calls for independence

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Facebook Inc. Chief Executive Mark Zuckerberg is heading to Washington D.C. to testify before the House Financial Services Committee Oct. 23. Meanwhile, Vodafone Group Plc,...
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PayPal is the first company to drop out of the Facebook-led Libra Association

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PayPal has become the first company to walk away officially from Facebook’s Libra, a cryptocurrency and related association that it announced earlier this year with a...