Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Shopify to join Facebook-led Libra currency group

share with twitter share with LinkedIn share with facebook
share via e-mail
02/21/2020 | 12:01pm EDT
Shadow of a 3D-printed Facebook Libra cryptocurrency logo is seen near cryptocurrency representation in this illustration taken

Canadian e-commerce company Shopify Inc said on Friday it would join Libra Association, a group that manages Facebook Inc led efforts to launch a global digital currency, Libra.

"We will work collectively to build a payment network that makes money easier to access and supports merchants and consumers everywhere," Shopify said in a statement http://bit.ly/2PfrwKl.

Several companies including Vodafone Group PLC, Paypal Holdings Inc and Mastercard Inc have exited the association in recent months.

Facebook announced in June last year its plan to launch Libra in partnership with other members of the association, but the project soon ran into trouble with skeptical regulators around the world.

Libra Association did not immediately respond to Reuters request for comment.

(Reporting by Amal S in Bengaluru; Editing by Vinay Dwivedi)

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK 0.51% 166.8 Delayed Quote.-18.73%
MASTERCARD -4.62% 241.56 Delayed Quote.-15.18%
PAYPAL HOLDINGS, INC. -1.33% 95.74 Delayed Quote.-11.49%
SHOPIFY INC. -3.13% 416.93 Delayed Quote.4.87%
VODAFONE GROUP PLC -0.44% 113.3 Delayed Quote.-23.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Companies"
01:20aACHIKO LIMITED : Achiko and Sonect sign Letter of Intent to cooperate and further accelerate their joint efforts to deliver state-of-the art payment solutions to the Swiss market.
EQ
01:17aAS LHV GROUP : extended authorisation of the Audit Commitee
AQ
01:17aPOLARCUS : awarded XArray™ 3D project in North West Europe
AQ
01:17aUNICREDIT S P A : Top Management Waives 2020 Bonus
DJ
01:16aAS EKSPRESS GRUPP : Audited annual report 2019
AQ
01:16aMDXHEALTH : Updates 2020 Reporting Calendar and Provides Initial View on Coronavirus Situation
AQ
01:16aAURELIUS EQUITY OPPORTUNITIES : closes acquisition of Armstrong Ceiling Solutions from Knauf
PU
01:14aDEBENHAMS : in urgent restructuring plan talks
AQ
01:14aROTHSCHILD : warns of financial hit from virus as it halts dividends
AQ
01:14aHSBC : British bank giants scrap all payouts
AQ
Latest news "Companies"