Visa, Mastercard reconsider backing Facebook's Libra - WSJ

By Staff Writer on Oct 2, 2019 1:05PM

Credit card giants feel global regulatory heat.

Visa , Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The financial backers to Libra did not want to attract regulatory scrutiny and ...

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