PayPal has announced it will pull out of the Libra Association, the governance organization for the cryptocurrency developed by Facebook
New York .
"PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations," a PayPal spokesperson said in a statement."We remain supportive of Libra's aspirations and look forward to continued dialogue on ways to work together in the future.
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