Booking Holdings becomes the latest company to abandon Facebook's libra

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Booking Holdings becomes the latest company to abandon Facebook's libra
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Online travel company Booking Holdings has dropped out of Facebook's libra, joining a growing list of firms who have exited the embattled cryptocurrency project.

Dante Disparte, head of policy and communications for the Libra Association, said in a statement that the group appreciates Booking's support for the "goals and mission of the project." Disparte reiterated the Libra Association'sslated to convene

in Geneva on Monday, where members will review a charter that lays out the structure of the organization. The group is also expected to appoint a board of directors. The Libra Association was originally made up of 28 founding members, but the total continues to dwindle amid widespread scrutiny from officials, including

 

Good move. Anything with that name will likely crash in the 2 years.

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