More companies back away from Facebook's Libra coin

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Facebook's digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra ...

SAN FRANCISCO: Facebook's digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency.

A Visa spokesperson offered a similar statement, indicating the company was dropping out of the alliance but could rejoin in the future. "Stripe is supportive of projects that aim to make online commerce more accessible for people around the world," Stripe said."Libra has this potential."

 

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