Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Media: three Libra members are considering leaving the cryptocurrency project from Facebook

    Media: three Libra members are considering leaving the cryptocurrency project from Facebook

    0
    By BlockchainJournal on August 23, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    At least three Libra members are considering leaving the project from the largest social network Facebook, according to the Financial Times .

    According to the publication, two members of the Libra Association are discussing what should be the "next right steps." A third unnamed member of the association is seriously concerned about possible problems and excessive oversight by regulators.

    In a conversation with the Financial Times, one of the partners said that it would be difficult for members of the association to comply with all the requirements of regulators. Another criticized Facebook for its ill-conceived strategy, saying the following:

    “Some of this regulatory talk should have taken place before launch. This would make it possible to understand how regulators would react to the project. ”

    Also, one of the participants suggested that Facebook was probably "tired of having to pout yourself for everyone."

    The Libra Association consists of 28 companies and non-profit organizations, including Calibra (a division of Facebook), Visa, Mastercard, Uber and Spotify. Initially, it was assumed that each of the participants should contribute $ 10 million to the project.

    Earlier, BlockchainJournal reported that the delegation of the US House of Representatives is going to visit Switzerland to share opinions with local regulators regarding Libra.

    Subscribe to the BlockchainJournal YouTube Channel!

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Calibra Facebook Featured House Libra Mastercard Network Uber Visa
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    SharpLink Gaming Revolutionizes the Market by Tokenizing Its Equity on the Ethereum Network

    September 25, 20253 Mins Read

    Plasma’s XPL Token Bursts onto the Market with a Capitalization Exceeding $2.4B

    September 25, 20253 Mins Read

    Japan Doubles Its Crypto Market Thanks to Tax and Regulatory Reforms, New Report Finds

    September 24, 20252 Mins Read

    Gate Launchpad listed Plasma (XPL) with dual interest in GUSD

    September 23, 20252 Mins Read

    Ethena partners with Flowdesk as USDe reaches $14 billion amid a boom for synthetic dollars

    September 19, 20253 Mins Read

    WLFI records uptick after 99.8% vote to buy and burn tokens with 100% of treasury fees

    September 19, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.