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Announced in mid-2019, Facebook’s foray into the world of cryptocurrencies was backed by the biggest names in the industry including PayPal, MasterCard, Uber and Spotify, to name a few. But then Libra was quickly met with resistance due to Facebook’s spotty record with privacy and concerns over its ambitions. In Oct 2019, six of Libra’s founding members announced that they are backing out of the project, with PayPal being the first one to announce its departure.
What happened to Facebook's Libra? Find out in this podcast!
Click here to read the article!
Host - Aishwarya Singh
Editor - Kishore Veekay
By VCBayAnnounced in mid-2019, Facebook’s foray into the world of cryptocurrencies was backed by the biggest names in the industry including PayPal, MasterCard, Uber and Spotify, to name a few. But then Libra was quickly met with resistance due to Facebook’s spotty record with privacy and concerns over its ambitions. In Oct 2019, six of Libra’s founding members announced that they are backing out of the project, with PayPal being the first one to announce its departure.
What happened to Facebook's Libra? Find out in this podcast!
Click here to read the article!
Host - Aishwarya Singh
Editor - Kishore Veekay