Concerns Over Facebook Data Use Derailed at Least 3 Crypto Partnerships
Philosophical disagreements with crypto experts have slowed the development of Facebook's GlobalCoin, sources say.
The San Francisco-based cryptocurrency exchange will have the power to issue payment cards thanks to its new status.
The exchange has added new crypto options to its Visa debit card, including XRP, XLM and REP, and also expanded availability to 10 more nations.
The new CoinZoom exchange is registered with FinCEN in most U.S. states.
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.
While Facebook's Libra project was said to have 28 founding partners when unveiled, that isn't quite the case, says Visa CEO Alfred F. Kelly.