U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra

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In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully consider” risks before moving forward. Also Read: Paypal Exits Libra – Mastercard and Visa May Follow More Political Pressure As news.Bitcoin.com recently reported, Paypal has cut ties with Facebook’s upcoming crypto project by leaving the Libra Association. Libra is no stranger to strongly worded letters from government legislators, and now even corporations…
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U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra

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