Breaking News

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance Akasa Unleashes Six New Low-Profile CPU Coolers Up to 165W TDP Cooling in Compact Form Factors SWIT announces Powercell Battery Series for Sony, Canon, Nikon, and Fujifilm Cameras

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Shopify to join Facebook's Libra Currency Group

Shopify to join Facebook's Libra Currency Group

Enterprise & IT Feb 21,2020 0

E-commerce company Shopify Inc said on Friday it would join Libra Association, a group that manages Facebook 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. Customer trust is key and very important as well.   

The company added:

"Our mission is to make commerce better for everyone and to do that, we spend a lot of our time thinking about how to make commerce better in parts of the world where money and banking could be far better. That’s why we decided to become a member of the Libra Association. This is one step, but not the only step we’ll be taking to be a part of the solution to this global problem.

As a member of the Libra Association, we will work collectively to build a payment network that makes money easier to access and supports merchants and consumers everywhere."

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.

The Libra Association originally expected to have as many as 28 total members when the project to create a new global cryptocurrency was announced in June last year. It now has 21 members.

Tags: Facebook Libra
Previous Post
Verizon Added to the List of Companies that Withdraw From San Francisco RSA Conference
Next Post
Private WhatsApp Groups Appear on Google Search Results

Related Posts

  • Facebook Outlines Changes Made to Libra Including Support for Multiple Single-Currency Coins

  • Vodafone Quits Facebook’s Digital Currency Project

  • Europe Won't Accept Private Digital Currencies

  • New Stablecoin Proposals Could Come Under Existing Rules: IOSCO

  • China Approves Cryptography Law to Accelerate Digital Currency Plan

  • Booking Holdings Pulls Out of Libra Association

  • Libra's Future Uncertain After Mastercard, Visa Abandon Facebook's Currency Project

  • Paypal Leaves Facebook's Libra Association

Latest News

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym
Gaming

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router
Enterprise & IT

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance
Cameras

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance

Akasa Unleashes Six New Low-Profile CPU Coolers Up to 165W TDP Cooling in Compact Form Factors
Cooling Systems

Akasa Unleashes Six New Low-Profile CPU Coolers Up to 165W TDP Cooling in Compact Form Factors

SWIT announces Powercell Battery Series for Sony, Canon, Nikon, and Fujifilm Cameras
Cameras

SWIT announces Powercell Battery Series for Sony, Canon, Nikon, and Fujifilm Cameras

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed