Libra may be losing support from key partners already

Facebook's cryptocurrency Libra is looking 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.  Read more...

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