Facebook denies there’s ‘angst’ about its Libra cryptocurrency plans amid reports partners like Visa and Mastercard might pull out

United States News News

Facebook denies there’s ‘angst’ about its Libra cryptocurrency plans amid reports partners like Visa and Mastercard might pull out
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

In a series of tweets on Tuesday, David Marcus, the executive in charge of Libra, fired back at a Wall Street Journal report that said that Facebook was...

Facebook executive David Marcus denied on Tuesday that Libra, the social network's big foray into money, is falling apart. Marcus was responding to a Wall Street Journal report on Tuesday that a group of Libra backers including Mastercard and Visa were reassessing their involvement. Marcus said there was no"angst" internally over Libra's progression.

Facebook executive David Marcus denied on Tuesday that Libra, the social network's big foray into money, is falling apart. Marcus was responding to a Wall Street Journal report on Tuesday that a group of Libra backers including Mastercard and Visa were reassessing their involvement. Marcus said there was no"angst" internally over Libra's progression.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Visa, Mastercard reconsider backing Facebook's Libra: WSJVisa, Mastercard reconsider backing Facebook's Libra: WSJVisa , Mastercard Inc and other key financial partners may reconsider their invo...
Read more »

Visa, Mastercard, Others Reconsider Involvement in Facebook's Libra NetworkVisa, Mastercard, Others Reconsider Involvement in Facebook's Libra NetworkVisa, Mastercard and other key financial partners are reconsidering their involvement in Facebook’s Libra, people familiar with the matter say
Read more »

Visa, Mastercard reconsider backing Facebook's Libra: WSJVisa, Mastercard reconsider backing Facebook's Libra: WSJVisa , Mastercard Inc and other key financial partners may reconsider their invo...
Read more »

Visa, Mastercard, Others Reconsider Involvement in Facebook's Libra NetworkVisa, Mastercard, Others Reconsider Involvement in Facebook's Libra NetworkVisa, Mastercard and other key financial partners are reconsidering their involvement in Facebook’s Libra, people familiar with the matter say
Read more »

Revolut grows staff in hopes of expanding into new marketsRevolut grows staff in hopes of expanding into new marketsAfter partnering with Visa, Revolut plans to increase its staff from 1,500 to 5,000 and hopes to expand to 24 new markets.
Read more »

Zuckerberg in leaked tapes: A legal challenge from Warren would 'suck for us'Zuckerberg in leaked tapes: A legal challenge from Warren would 'suck for us'Facebook's Mark Zuckerberg spoke to employees about Elizabeth Warren's proposals to break up the company, as well as the Libra rollout and competing with TikTok.
Read more »



Render Time: 2025-03-03 21:43:00