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Visa, Mastercard reconsider involvement in Facebook's Libra

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Visa, Mastercard and other financial partners that signed on to help build and maintain Facebook's cryptocurrency are reconsidering their involvement.

People familiar with the matter told The Wall Street Journal the companies may not back the Libra payments network following backlash from the U.S. and European governments.

Facebook reportedly is considering pushing back the launch of the cryptocurrency to deal with regulatory concerns.

Read more from The Wall Street Journal.


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