RATE Group | Facebook Libra faces collapse as Visa and Mastercard ‘shed doubts’ on cryptocurrency
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Facebook Libra faces collapse as Visa and Mastercard ‘shed doubts’ on cryptocurrency

05 Oct Facebook Libra faces collapse as Visa and Mastercard ‘shed doubts’ on cryptocurrency

Posted at 22:29h in Cryptocurrency News by

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Facebook’s plan to launch its own cryptocurrency next year is under threat after key partners shed doubt on the project.

Mastercard, Visa, PayPal and Stripe are reconsidering their involvement with the Libra cryptocurrency, according to various reports, due to the significant regulatory scrutiny it has attracted from around the world.

Since first announcing the Libra cryptocurrency earlier this year…

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