Oct 14, 2019

PayPal, Visa, Mastercard Stripe and eBay have left the Libra

The Financial Times reported last week that companies made the decision under pressure from regulators. Here’s how companies commented on their exit from the project:

eBay: “We value Libra’s aspirations, but instead of developing a joint project, we will develop a controlled payment service for our customers”

Stripe: “We support companies that are trying to make e-commerce accessible to a large number of users, and Libra has potential. We will closely monitor its development and remain open for collaboration with the Association in the future. ”

The official meeting of the Libra Association will be held next week. To date, 25 companies are members of the Association, which will sign the Charter of the organization and confirm their intention to participate in the project in the future.

Alex Zask

EXPi

 

Start using benefits of crypto now!

Read our blog to learn more about cryptocurrency and how you can use it for everyday life.

©2019—2022 BERTES INVEST OU

EXPi trade ® is registered trademark of Bertes Invest OU. Bertes Invest OU (reg. No 12449024) is registered in Estonia with its registration address at Harju maakond, Tallinn, Kesklinna linnaosa, Veskiposti tn 2, 10138, Estonia. Bertes Invest OU operates under Financial services, Providing a virtual currency services license (license number: FVT000291), issued by Estonian Financial Intelligence Unit. Contact phone number: +372 601 9100; e-mail: info@expi.trade.

Risk Awareness

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. Trading or holding funds in cryptocurrencies comes with significant risks, including volatile market price swings or flash crashes, market manipulation. Use EUPi stable coin to secure your funds from market volatility.