Visa, Mastercard reconsider backing Facebook's Libra: WSJ

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Visa, Mastercard reconsider backing Facebook's Libra: WSJ
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Visa , Mastercard Inc and other key financial partners may reconsider their invo...

) cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Policy executives from Libra Association, the cryptocurrency’s two dozen backers, have been summoned to a meeting in Washington, D.C., on Thursday, the WSJ reported. Reuters reported last week that Facebook could push back the launch of Libra to tackle regulatory concerns that have been raised around the world.

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