PayPal pulls out of Facebook's cryptocurrency alliance, the Libra Association | SoyaCincau.com

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PayPal pulls out of Facebook's cryptocurrency alliance, the Libra Association

, was set to launch sometime in 2020, but there appears to be some hitches in the process, with the launch possibly being delayed. And now, American payments processor Paypal has announced that it is withdrawing from the Libra Association, which is made up of members including Mastercard, Uber, and Visa., PayPal has said that they will continue to support plans for Libra, with an eye on working together in the future.

“We remain supportive of Libra’s aspirations and look forward to continued dialogue on ways to work together in the future.”

 

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