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

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

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

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...