Mastercard, Visa, and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts as regulators unleash ire on the project, according to a report Tuesday. A Libra Association created by Facebook to independently manage the digital money still had its initial group of backers on Tuesday. But a Wall Street Journal report said some of those on it were reconsidering their roles due to opposition expressed by governments digging for information about the project. Visa referred AFP to comments made by chief executive Alfred Kelly in an interview in August with CNBC in which he said the company had signed a non-binding letter of in...
Keep on reading: Facebook Libra Is a Bust: Partners Reconsider as Governments Grumble
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