Vodafone Backed Out from Facebook’s Crypto Project

Telecom major, Vodafone left Facebook-led cryptocurrency project, as multiple central banks considering their digital currencies. Vodafone joints PayPal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the hot project and is the first company to after the Libra Association was formed in October last year. The companies have left due to concerns about the sensitive regulatory inspection and user data privacy.

 

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