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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 The Libra Association was originally made up of 28 founding members, but the total continues to dwindle amid widespread scrutiny from officials, including

 

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

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Source: CNBC - 🏆 12. / 72 Read more »