Why each Libra member's mutiny hurts Facebook

Why each Libra member's mutiny hurts Facebook

There’s a strategic cost to the defection of Visa, Stripe, eBay and more from the Facebook-led cryptocurrency Libra Association. Fearing regulators’ inquiries not just into their Libra involvement but the rest of their businesses, these companies are pulling out -- at least for now. None had made precise commitments to integrating Libra into their products, and they’ve said they could still get involved later.