• PayPal's move is a personal blow for David Marcus, the man heading up the Libra project. Earlier in the decade, he was president of PayPal (via Wiki commons).

    PayPal quits Libra cryptocurrency project

    We’re better off without you, the Libra Association’s head of policy said after PayPal withdrew from Facebook’s controversial stablecoin project

    PayPal has formally withdrawn from the Libra Association, the payments company announced on October 4.