Libra Association

Total 3 Posts

Libra is not dead...yet

Major players in global electronic payments are shying away from Libra, spooked by the scrutiny Facebook’s operations are attracting from regulators around the world.

Libra loses support as major companies pull out

Probably worrying for Libra is that these withdrawals mean that the Libra Association is now left without any major global payments companies as members, something that could prove to be a hurdle should Libra want to facilitate and process payments from them.

Facebook's Libra currency set for 2020

After several weeks of rumors, Facebook has officially announced that its much-anticipated cryptocurrency, Libra, will be launched in 2020. Libra already has the backing of 27 organizations so far who are said to each be investing $10 million.