US-based PayPal Holdings Inc. has said it’s ditching Facebook’s project to create the Libra cryptocurrency. However, the Libra Association says it is better to know who’s not fully committed to its cause.
“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,” CNBC channel reported, quoting a statement from the payments processor.
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