Visa, Mastercard, eBay, Stripe, Mercado Pago and PayPal have all withdrawn from the Libra Association now.
Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month.
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.
Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative.
Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project.
Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.
PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.
Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.
In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra.