PayPal Abandon Facebook in Project Libra
https://newsstechh.blogspot.com/2019/10/paypal-abandon-facebook-in-project-libra.html
PayPal Abandon Facebook in Project Libra
While Facebook's new e-currency Libra continues to provoke a lot of controversy in the economic and government circles around the world, especially in the United States, Facebook has received a slap from PayPal in this regard.
In launching the new currency, Facebook relied on an alliance of digital companies, especially those working in the digital economy, to cooperate in promoting the new currency Libra, but one of the most important members of the alliance seems to have abandoned the project.
Thus, PayPal announced that it abandoned the idea of the project and left the Libra Alliance and therefore not to participate in it and not to give its share in the development of this new e-brand, which is estimated at $ 10 million.
While Facebook's new e-currency Libra continues to provoke a lot of controversy in the economic and government circles around the world, especially in the United States, Facebook has received a slap from PayPal in this regard.
In launching the new currency, Facebook relied on an alliance of digital companies, especially those working in the digital economy, to cooperate in promoting the new currency Libra, but one of the most important members of the alliance seems to have abandoned the project.
Thus, PayPal announced that it abandoned the idea of the project and left the Libra Alliance and therefore not to participate in it and not to give its share in the development of this new e-brand, which is estimated at $ 10 million.
