EBay exits Facebook’s cryptocurrency Libra – Nasdaq

Oct 11 (Reuters)EBay Inc EBAY.O said on Friday it would exit Facebook Inc’s FB.O planned cryptocurrency Libra, joining Paypal.

“We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” EBay said in a statement.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Shinjini Ganguli)

((Munsif.Vengattil@thomsonreuters.com; Twitter: @MunsifV; Phone: 646-223-8780;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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