PayPal Bails on Facebook-Led Libra Cryptocurrency Dream

News for 2019-10-04 PayPal Bails on Facebook-Led Libra Cryptocurrency Dream
(Bloomberg) — PayPal Holdings Inc. pulled out of the Libra Association, a blow to Facebook Inc.’s efforts to develop a digital currency.“PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations,” the payments compa…

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