Express

All Companies Involved have Signed a Non-Binding Letter states CEO of Visa

Sofia Cabrera

Summary: The CEO of Visa, Alfred F. Kelly, stated that none of the 27-or so companies have officially joined the Libra. In the Q3 2019 earnings transcript, Kelly was recorded saying "Bryan, the first thing I'd say I think it's important to understand the facts here and not any of us get out ahead of ourselves. ...

The CEO of Visa, Alfred F. Kelly, stated that none of the 27-or so companies have officially joined the Libra. In the Q3 2019 earnings transcript, Kelly was recorded saying "Bryan, the first thing I'd say I think it's important to understand the facts here and not any of us get out ahead of
ourselves. So we have signed a nonbinding letter of intent to join Libra. We're one of – I think it's 27 companies
that have expressed that interest. So no one has yet officially joined."
This statement followed a question from Bryan C. Keane, Analyst for Deutsche Bank Securities Inc., who asked what Visa's involvement would be in Facebook's Libra. 

Author: Sofia Cabrera

Last Update:

Tags: ,,,,
Link: All Companies Involved have Signed a Non-Binding Letter states CEO of Visa   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 1 day ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 4 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 8 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 9 days ago
  • You need to login to comment.