Mastercard, Visa, eBay and Stripe Also Retreat From Libra2 min read
Facebook executives claimed the Libra coin costs less for global money transfers. and help those without access to the banking system.
The French economy and finance minister Bruno Le Maire has warned about a threat to the “monetary sovereignty” of governments. So, Europe should not authorize this.
Mark Zuckerberg is set to testify the project on October 23. It will be hearing in the US House of Representatives on the Libra plan. Rest? Let’s wait and watch!