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U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra


In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...

Libra under Fire from US Politicians, But Bank of England Offers Hope


Mark Zuckerberg. Source: a video screenshot, Youtube, Guardian News Regulators on both sides of the Atlantic are taking very different approaches to Facebook’s Libra project – with American politicians hoping to strong-arm the social network and Libra partners, while British central bank officials...

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