PayPal ditches the October 3 Libra Association meeting in Washington D.C. PayPal alongside Visa and MasterCard are considering quitting Libra to protect reputation with regulators. PayPay, a leading payment processing platform has raised eyebrows regarding allegations that it is getting cold feet over its involvement with Facebook’s Libra project. According to a report the Financial Times, PayPal failed to attend a meeting among the 28 Libra Association members on October 3. Besides, PayPal the crypto space has been running headlines that other backers of the project are considering taking the exit route as well. The report by The Times cites a source close to PayPal who said: “It doesn’t seem that there was a lot of pre-work done with regulators. [Payments] companies don’t want that [regulatory scrutiny]to bleed into their businesses.” Some of the other partners said to be considering leaving the Libra Association are MasterCard and Visa. The firms are said to be protecting their built reputation with regulators. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next AUD brushes off equity turmoil – Westpac FX Street 3 years PayPal ditches the October 3 Libra Association meeting in Washington D.C. PayPal alongside Visa and MasterCard are considering quitting Libra to protect reputation with regulators. PayPay, a leading payment processing platform has raised eyebrows regarding allegations that it is getting cold feet over its involvement with Facebook's Libra project. According to a report the Financial Times, PayPal failed to attend a meeting among the 28 Libra Association members on October 3. Besides, PayPal the crypto space has been running headlines that other backers of the project are considering taking the exit route as well. The report by The Times cites… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
