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PayPal has officially withdrawn from the Facebook Libra Project, the company announced Friday.
Paypal “made the decision to forgo further participation” in the Facebook-initiated Cryptocurrency project, to instead “continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations.”
In other Crypto news today:
Apple CEO Tim Cook made a serious Bitcoin rival warning, pouring water on expectations it could be planning its own bitcoin rival – and warned against companies creating their own cryptocurrencies.
Are Altcoins ready to explode?!
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.