With these withdrawals, Libra is left with no major USA payment processor. But the statements of Mr. Alfred Kelly -Visa Chairman and CEO- clarifying that "no one has yet officially joined (Libra)" marked another hard blow to the credibility of the project, especially considering that Kelly himself conditioned Visa's entry to "the ability of the association to satisfy all the requisite regulatory requirements".
Le Nobel de la paix au Premier ministre éthiopien
La paix avec l'Erythrée peine à porter ses fruits tandis que l'Ethiopie est le théâtre de violences intercommunautaires. Abiy, mais l'action du président érythréen a aussi été saluée. "La paix ne découle pas des actions d'un seul acteur".
Now Visa, Mastercard, eBay, Stripe and Mercado Pago have also withdrawn from the Libra Association.
The Libra Association still has 21 members that have yet to leave (not including Facebook), but the fact that four companies have parted ways in just a week is anything but a good sign. But it ended on an upbeat noted, pointing toward the first Libra Council meeting, to be held on Monday.
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The 28 companies announced in June technically are provisional partners which means they likely did not pay the $10 million to join the association. With this intensified regulatory pressure on Libra, it doesn't come as a surprise that these companies have made a decision to exit Libra.
L'avenir de Didier Deschamps bientôt fixé — Équipe de France
Le défenseur du Real Madrid formé au RC Lens Raphaël Varane était titulaire dans l'axe et a livré une bonne prestation. Une qualification qui pourrait intervenir ce lundi en cas de victoire de la sélection française face à la Turquie .
The three companies chose departure.
The concern about Libra meeting regulatory guidelines is especially pertinent as Facebook founder Mark Zuckerberg is set to testify in front of the U.S. House Committee on Financial Services on October 23rd. Yet, this upcoming hearing will be his first appearance before Congress since previous year April.
Facebook has faced fierce backlash since the company announced plans for Libra.
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According to the World Health Organization , one in four people will experience a mental health condition in their lives. In fact, such treatment should be a part of overall health-related development in the country.
Libra Association confirmed that the companies would no longer be founding members, but said that it would continue building an alliance of businesses, social-good organizations, and others to implement the cryptocurrency.