Facebook's cryptocurrency Libra is fingering videoslooking less likely to launch as originally envisioned by the day.
A new report from the Wall Street Journal claims that key partners, including Visa and Mastercard, are having second thoughts about their involvement in Libra.
These and other partners have initially signed up to be part of the Libra Association, a Swiss-based organization that's supposed to govern Libra. But after intense scrutiny from lawmakers in the U.S. and Europe, some of these partners are reportedly unhappy with Facebook's answers on how Libra will handle illegal activities, including money laundering and financing of terror groups, on the platform.
Also notable is the lack of public support from Facebook's Libra partners. In July, Mashable has asked six of them, including Visa and Mastercard, whether they still support Libra, and received no answers. And I've seen no public statements of support from them since, leaving Facebook to defend the project on its own.
So far, this has mostly been left to Head of Calibra (which is a wallet for Libra) David Marcus — and sure enough, he commented on WSJ's story on Twitter shortly after it was published.
This Tweet is currently unavailable. It might be loading or has been removed.
According to Marcus, the official "1st wave of Libra Association members will be formalized in the weeks to come." It's unclear whether this means all 22 partners that were listed at Libra's launch in June, and Marcus said in the same Twitter thread that he has "no knowledge of specific organizations [sic] plans to not step up."
Marcus did say that the notion that Facebook did not share "detailed information about how to secure Libra and protect the network against illegal activity is categorically untrue."
"We're very calmly, and confidently working through the legitimate concerns that Libra has raised by bringing conversations about the value of digital currencies to the forefront," he tweeted.
Should Libra lose support from Visa and Mastercard, it would be a major blow to the nascent cryptocurrency and payment platform. According to the Journal, representatives from the companies backing Libra are scheduled to meet on Oct. 14 in Geneva to review the association's charter and appoint a board of directors.
The WSJ's report follows a recent report by Reuters quoting Bertrand Perez, the managing director of Libra Association, as saying that Libra may not launch in June 2020 as originally envisioned, but perhaps one or two quarters later.
Topics Facebook Cryptocurrency
The fat bears are already extremely fat
Acer laptops under $300 as a Target Deal of the Day
Wordle today: The answer and hints for April 10
Miss the 2024 solar eclipse? Here’s when the next one happens.
Google Pixel Buds Pro 2: $40 off at Amazon
Animals are becoming nocturnal in order to avoid humans
Vivo introduces self
Apple TV: You may be using hand gestures to control it soon
Best portable power station deal: Save $179.01 on the EcoFlow River 2 Max
'Bluey' is moving, and has listed its iconic house for sale
NYT Connections hints and answers for May 10: Tips to solve 'Connections' #699.
JBL Quantum launches Guide Play, which allows people with low vision to play first
National Park Service releases the climate report it tried to censor
Solar eclipse 2024: Don't take photos of it with your phone, NASA warns
Q&A with tendercare founder and CEO Shauna Sweeney
Toyota to accelerate EV development in China amid competition · TechNode
BYD wants to shelve its $1 billion investment in the Indian EV industry · TechNode
Huawei’s Pangu LLM improves European weather forecasting · TechNode
Amazon Prime Grubhub deal: Save $10 off orders of $20 or more
Best travel deal: Southwest Airlines Wanna Get Away sale has flights for as low as $39 one way
Graceland Too: Saying Goodbye to An Eccentric’s Elvis ShrineWords for the Cold: Is “Brr” Meant to Be Spoken, or Only Written?John Bayley on the Difference Between British Wit and HumorIn Praise of Ordinary Human LoveHoarding Books on a Road Trip to CaliforniaChaucer Lived and Wrote in Squalor, a New Book SaysBarbara Follett Wrote a BestIn Praise of Ordinary Human LoveScenes from the Brooklyn Botanic Garden in WintertimeThe Perfect Metaphor for the Common Cold: Internet TrollsThe 2015 Folio Prize Shortlist“A Sign,” a Poem by Philip Levine“The Verb to Be,“ a Poem by André BretonRichard Nixon: Our Greatest PresidentHow Do You Translate a Wine?Remembering Jane Wilson, Who Painted Evocative LandscapesLost Gloves, Strange Gloves, and Other Gloves“She's Not Gone,” a Poem By Philip LevineScenes from the Brooklyn Botanic Garden in WintertimeAdvice for Travelers: Beware Cannibals! by Charles Lamb Chicago breaks surprising 146 The fascinating story behind the coolest name in basketball Katy Perry and Orlando Bloom have apparently broken up A volcano just erupted in Europe and the footage is amazing Saudi Arabia's king is bringing a massive 1,500 Thirsting for the new Nokia 3310? Just make sure it works where you live Warren Buffett: 'If a lady says no, she means maybe' Zara's 'love your curves' advert is pissing off the internet A python eating a possum upside down in a tree is the most horrifying thing you'll see all day CNN will bring journalism students to the White House Correspondents' Dinner Your name could shape your face, new study suggests One more gaffe for India's national airline and people can't stop rubbing it in In an ironic twist, a 1991 Shell ad contains a warning about climate change Trump was caught practicing his speech, so the internet made jokes This app lets you donate wish list items to homeless people you pass every day Can a podcast actually save America? Three former Obama staffers think so Mayonnaise cafes? Ew Adele invites drag impersonator on stage to belt tunes and take selfies 10 seriously impressive Lego superheroes from the massive exhibition Facebook ready to ramp up flights of its solar
2.8689s , 10107.4609375 kb
Copyright © 2025 Powered by 【fingering videos】,Miracle Information Network