RATE Group | Vodafone has exited Facebook’s Libra cryptocurrency
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Vodafone has exited Facebook’s Libra cryptocurrency

21 Jan Vodafone has exited Facebook’s Libra cryptocurrency

Posted at 22:00h in Cryptocurrency News by

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The founding partners of the Libra Association included Mastercard, Visa and Vodafone.


Facebook

Facebook’s cryptocurrency project, Libra, has taken another hit, with Vodafone exiting the association. The international carrier is the eighth founding member of the group to leave, as reported earlier Tuesday by CoinDesk. The company’s exit follows the withdrawal last year of eBay, Visa, Mastercard, Mercado Pago, Stripe, Booking Holdings and PayPal.

Libra confirmed the report about Vodafone on Tuesday. “Although the makeup of the association members may change over time,” a spokesperson said, “the design of Libra’s governance and technology ensures the Libra payment system will remain resilient.”

Libra is a proposed global digital coin that’ll…

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