Libra has this potential.
We will follow its progress closely and remain open to working with the Libra Association at a later stage.
We highly respect the vision of the Libra Association, eBay said in a statement.
However, eBay has made the decision to not move forward as a founding member.
At this time, we are focused on rolling out eBays managed payments experience for our customers.
Mastercard has yet to offer any comment regarding the news.
I would caution against reading the fate of Libra into this update.
Of course, its not great news in the short term, but in a way, its liberating.
Stay tuned for more very soon, he wrote.
Change of this magnitude is hard.
You know youre on to something when so much pressure builds up.
The first official meeting of the Libra Council is scheduled for October 14th in Geneva, Switzerland.
source: www.techworm.net
