Online payments platform Paypal has withdrawn from the Libra Association, the governing body for Facebook’s cryptocurrency and blockchain Libra. “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 company said in a … Continue reading Paypal Withdraws from Facebook’s Libra Association as Congress Puts Pressure on Zuckerberg to Testify
Mastercard, which has signed a letter of intent to become a founding member of Facebook-backed Libra Association, may be creating its own crypto wallet product. The electronics payments behemoth has already posted several jobs on its job board for blockchain-related senior positions. Two of the three positions advertised require applicants to have experience in developing and managing crypto wallets. Crypto advocacy is another important role … Continue reading Is Mastercard Working on its Own Crypto Wallet?