Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsForexCryptocurrenciesCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Vodafone Group exits Facebook-led Libra currency group

share with twitter share with LinkedIn share with facebook
share via e-mail
01/21/2020 | 06:33pm EST
A man checks his mobile phone next to a Vodafone logo at the Mobile World Congress in Barcelona

Britain's Vodafone Group PLC has left the entity that manages the Facebook Inc led effort to launch Libra, a global digital currency, Libra Association said on Tuesday.

The association has seen an exodus of its backers including financial companies Paypal Holdings Inc and Mastercard Inc amid regulatory scrutiny.

Facebook announced in June last year a plan to launch the digital currency in partnership with other members of the association, but the project quickly ran into trouble with sceptical regulators around the world.

"We will continue to monitor the development of the Libra Association and do not rule out the possibility of future co-operation," a Vodafone spokesman said in a statement.

(Reporting by Neha Malara and Kanishka Singh in Bengaluru; Editing by Arun Koyyur)

Stocks treated in this article : MasterCard, Facebook, Vodafone Group Plc, PayPal Holdings
Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK 0.34% 200.34 Delayed Quote.-2.21%
MASTERCARD -2.62% 314.41 Delayed Quote.13.77%
PAYPAL HOLDINGS, INC. -2.35% 113.07 Delayed Quote.7.65%
VODAFONE GROUP PLC -1.91% 147.74 Delayed Quote.2.67%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Companies"
11:05aMineral Fusion and STYLEBEE Partner to Expand Consumer and Professional Access to Clean Beauty Services and Products
11:04aACQUIRED SALES CORP : Completion of Acquisition or Disposition of Assets, Unregistered Sale of Equity Securities, Changes in Control or Registrant, Change in Directors or Principal Officers (form 8-K)
11:04aWALMART : to Combine Online And Store Product-Buying Teams -- Update
11:03aEQUINOR : EIOF - Report for 4th Quarter 2019
11:03aACENTRUS SPECIALTY : Partners with Maxor National Pharmacy Services to Provide Specialty Pharmacy Medications
11:03aKEYSIGHT TECHNOLOGIES : New Security Operations Platform Enables Organizations to Measure and Improve Effectiveness of Operational Security
11:03aATTIVO NETWORKS : ® Named Grand Trophy Winner in Info Security PG's 2020 Global Excellence Awards®
11:02aGFL Environmental seeks to raise $1.5 bln in re-launched IPO
11:02aSI2 : Launches Special Interest Group for AI and ML in Electronic Design Automation
11:02aSeabury Capital Establishes New Financing Arm to Deliver Advanced Support for Global Aircraft Market
Latest news "Companies"