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Exodus from Facebook's Libra digital currency as Visa, Mastercard and other backers quit

Exodus from Facebook's Libra digital currency as Visa, Mastercard and other backers quit

The Telegraph - By Laurence Dodds

Five payments companies led by eBay, Mastercard and Visa have abruptly dropped out of Facebook's project to create a new digital currency, Libra, dealing a major blow to the social network's plan. The companies, which also included the US payments firm Stripe and the Latin American Mercado Pago, …

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