Booking Holdings Drops Out of Facebook’s Libra Cryptocurrency Initiative

Source: Travel News

Associated Press

Mastercard, Visa, and now Booking Holdings are among the companies that have exited Facebook’s Libra cryptocurrency initiative. Associated Press

Skift Take: The Libra cryptocurrency initiative is falling apart following regulatory pushback. Booking Holdings likely didn't want the hassle of being associated with an initiative that is under the glare of the spotlight and going down the tubes.

— Dennis Schaal

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Booking Holdings Drops Out of Facebook’s Libra Cryptocurrency Initiative