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…

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Pegging Libra to just the $ could soothe regulators, a16z says

What if Libra wasn’t backed by a basket of international currencies, but only the dollar? Regulatory pushback to the Facebook-led cryptocurrency Libra has caused major partners — including Visa, Mastercard,…

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PayPal is the first company to drop out of the Facebook-led Libra Association

PayPal is the first company to walk away from Facebook’s Libra cryptocurrency. PayPal’s decision to take its ball and go home was first reported by The Wall Street Journal. “PayPal…

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