Where it all went wrong for Facebook’s Libra cryptocurrency
Facebook was blindsided this month when seven high-profile partner companies, including eBay, PayPal, Visa and Mastercard, stepped back from its Libra project
Facebook was blindsided this month when seven high-profile partner companies, including eBay, PayPal, Visa and Mastercard, stepped back from its Libra project
Numerous parters including PayPal, Visa and Stripe have already quit the project
International scrutiny has made social network’s cryptocurrency a contentious project
Move follows PayPal pulling out of project last week
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Libra is a digital coin backed by hard assets and supported by 27 other partners, including Visa, Mastercard, PayPal, Uber and Spotify
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Currency called libra will allow people to move money from their smartphones
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