PayPal Pulls Out of Libra, Facebook’s Cryptocurrency Project

Home » Tech » PayPal Pulls Out of Libra, Facebook’s Cryptocurrency Project PayPal Pulls Out of Libra, Facebook’s Cryptocurrency Project October 4, 2019
SAN FRANCISCO — PayPal said on Friday that it had pulled out of the coalition of companies involved in a Facebook-backed cryptocurrency initiative, in the latest headache for the social network’s effort.
The proposed cryptocurrency, Libra, has been in the works at Facebook for more than a year and was announced to much fanfare in June. Libra was …

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