PayPal announced Friday that it will no longer be part of Facebook’s Libra cryptocurrency project. The company said that while it is quitting the Libra Association it remains "supportive of Libra's aspirations," and that the firm will continue to work with Facebook in the future.
Libra
Facebook has revealed its plans today for a new global digital currency, supported by more than two dozen companies ranging from Visa and Mastercard to Lyft and Spotify, bringing the heft of the world’s largest social network to efforts to transform financial services.