12 Oct EBay exits Facebook’s cryptocurrency Libra
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Oct 11 (Reuters) – EBay Inc EBAY.O said on Friday it would exit Facebook Inc’s FB.O planned cryptocurrency Libra, joining Paypal.
“We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” EBay said in a statement.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Shinjini Ganguli)
((Munsif.Vengattil@thomsonreuters.com; Twitter: @MunsifV; Phone: 646-223-8780;))
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