🔔 How the startup ecosystem is reacting with Covid-19 Virus?

 159 days ago
 Source: contxto.com

Mercado Libre withdraws from Facebook Libra cryptocurrency initiative

Quick Summary

Recently, some of Facebook’s key partners reportedly abandoned the crypto coin initiative following widespread international ridicule, Mercado Libre being one of them. When looking at the bigger picture, these events have ultimately left the Libra Association without any payment partners. We have reached out to Mercado Libre officials and will update accordingly. Since July of last year, Mercado Libre has shown off its fintech capabilities with its QR code mobile payments. Renunciates include high-profile companies such as Paypal, Visa, Mastercard, eBay, Mercado Libre and Stripe.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

Read Original Article