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PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra


Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators. However, people familiar with the matter have told the FT that PayPal failed to show up. If the digital payments company were to quit Libra, this would certainly be a huge blow for the project, which is being led inside Facebook by Davi Marcus,…

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