October 11, 2019 / 7:50 PM / 4 days ago

EBay exits Facebook's cryptocurrency Libra

Oct 11 (Reuters) - EBay Inc said on Friday it would exit Facebook Inc’s planned cryptocurrency Libra, joining Paypal.

“We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” EBay said in a statement. (Reporting by Munsif Vengattil in Bengaluru; Editing by Shinjini Ganguli)

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