13-10-2019 01:07 via feedproxy.google.com

Why each Libra member’s mutiny hurts Facebook

There’s a strategic cost to the defection of Visa,Stripe, eBay, and more from the Facebook -led cryptocurrency Libra Association . They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth.
Fearing regulators’ inquiries not just into their Libra involvement but the rest of their businesses, these companies are pulling out at least for now. None had made pre
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