Tag: visa inc

Zuckerberg won’t give Congress what they’re looking for on Wednesday

Facebook CEO Mark Zuckerberg will face the House Financial Services Committee Wednesday to discuss the company's cryptocurrency plans.

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EBay and Stripe drop out of Facebook’s libra cryptocurrency project, one week after PayPal

The news comes one week after PayPal announced its withdrawal as government regulators continue to scrutinize the plans.

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PayPal withdraws from Facebook’s libra cryptocurrency

PayPal was one of several corporate backers of Facebook's cryptocurrency project.

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Visa, Mastercard reconsider backing Facebook’s Libra, report says

Visa, Mastercard and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal…

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Here’s why regulators are so worried about Facebook’s digital currency

A key worry for some is whether libra competes with sovereign currencies like the dollar.

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