Cryptocurrencies
Facebook Libra Payments Partners Waver on Cryptocurrency
- Visa, Mastercard, PayPal, Stripe said to hesitate on signing
- Charter signing could take place this month in Switzerland
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Four payments companies that have joined Facebook Inc. as founding members of the Libra Association are wavering over whether to officially sign on to the cryptocurrency project, according to people familiar with the matter.
Visa Inc., Mastercard Inc., PayPal Holdings Inc. and Stripe Inc. are undecided about formally signing onto Libra’s organizing charter because they’re concerned about maintaining positive relationships with regulators who have reservations about the project, the people said.