PayPal has formally withdrawn from the Libra Association, the payments company announced on October 4.

Facebook’s Libra frontman, Calibra wallet head David Marcus, finally has something to smile about. (Photo: Wikimedia Commons)
PayPal has formally withdrawn from the Libra Association, the payments company announced on October 4.
Facebook has begun talking to U.S. regulators about getting approval for its forthcoming stablecoin cryptocurrency, said to be referred to as “GlobalCoin” at Facebook.