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Major Payment Processors – MasterCard, Visa, Stripe, And eBay Quits Libra Project, A Setback For Facebook, Inc. (NASDAQ:FB)

A week after Paypal Holdings Inc (NASDAQ:PYPL) quits the Libra Project of Facebook, Inc. (NASDAQ:FB), MasterCard, Visa, Stripe, and eBay followed suit. It is a setback for the ambitions of Facebook to introduce a private global currency to facilitate cross border payments. A 28-member organization crumbles The decision of the major payment processors to withdraw […]

Visa Invests in Cryptocurrency Again, Leads $40 Million Round for Anchorage

Visa (NYSE: V) took part in the Series B funding round for cryptocurrency startup Anchorage, signaling the big bank’s support for the future of the industry.  Formed in 2017, the money services business provides crypto custody services making it safe for institutions to hold and use digital currencies.  According to Anchorage, venture capital firm Blockchain […]

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