PayPal Abandons Facebook’s Libra Project: Why It Left & What It Means PayPal Abandons Facebook’s Libra Project PayPal left the Libra Association amid regulatory and reputational concerns. Here’s the quick context and what changed after the exit. PayPal’s withdrawal was a pivotal moment for the Libra initiative. Key Takeaways PayPal exited the Libra Association, halting its planned participation. Regulatory uncertainty and compliance complexity were major factors. The departure reduced momentum and confidence in the project’s early phase. Contents What Libra Aimed to Do Why PayPal Left Impact on the Project Outlook After the Exit FAQs What Libra Aimed to Do Libra (later rebranded) w...
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