Express

Mnuchin Believes That Libra Investors Are Pulling Out Due to Fear Of Enforcement

Roland James

Summary: Visa, Mastercard, Stripe, eBay and Mercado Pago have all joined PayPal in backing out of the Facebook cryptocurrency project Libra, according to CNBC. These companies are believed to have backed out due to fear of government enforcement. Treasury Secretary Steven Mnuchin said while on the “Squawk Box,” that he told representatives that they would face ...

Visa, Mastercard, Stripe, eBay and Mercado Pago have all joined PayPal in backing out of the Facebook cryptocurrency project Libra, according to CNBC.

These companies are believed to have backed out due to fear of government enforcement. Treasury Secretary Steven Mnuchin said while on the “Squawk Box,” that he told representatives that they would face sanctions if they didn’t meet regulatory standards.

By Roland James

Last Update:

Tags: ,,,
Link: Mnuchin Believes That Libra Investors Are Pulling Out Due to Fear Of Enforcement   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 10 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 14 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.