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Pressure

PayPal Is Worried about Facebook Libra’s Future as Regulatory Pressure Increases

boss Cryptocurrency Market, News 0

PayPal seems to be worried about the future of Facebook’s cryptocurrency Libra as the development of the forthcoming digital currency has several hurdles on its way before it goes live. PayPal is one of the partners of the Swiss nonprofit Libra Association, which looks after the stability of the stablecoin.Facebook

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Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

boss Cryptocurrency Market, News 0

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback.A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right

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