Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Shopify to join Facebook-led Libra currency group

share with twitter share with LinkedIn share with facebook
share via e-mail
02/21/2020 | 12:01pm EDT
Shadow of a 3D-printed Facebook Libra cryptocurrency logo is seen near cryptocurrency representation in this illustration taken

Canadian e-commerce company Shopify Inc said on Friday it would join Libra Association, a group that manages Facebook Inc 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 in a statement http://bit.ly/2PfrwKl.

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.

Libra Association did not immediately respond to Reuters request for comment.

(Reporting by Amal S in Bengaluru; Editing by Vinay Dwivedi)

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK -2.53% 154.18 Delayed Quote.-24.88%
MASTERCARD -0.77% 237.03 Delayed Quote.-20.00%
PAYPAL HOLDINGS, INC. -1.21% 92.39 Delayed Quote.-14.59%
SHOPIFY INC. 3.28% 357.65 Delayed Quote.-10.04%
VODAFONE GROUP PLC 0.65% 111.02 Delayed Quote.-24.35%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Companies"
10:01pAnalysis on Impact of COVID-19-Frac Services Market 2019-2023 | Investments in Shale Oil and Gas to Boost Growth |  Technavio
BU
09:52pROSEN, GLOBAL INVESTOR COUNSEL, Files Securities Class Action Lawsuit Against Liberty Oilfield Services Inc. – LBRT
BU
09:46pAirlines Apply for Government Aid but Say Outlook Is Dire -- Update
DJ
09:38pKYOCERA : to develop device to check human health from stool smells
AQ
09:15pFour Canadian banks cut credit card interest rates to ease coronavirus impact
RE
09:09pVOYAGEUR PHARMACEUTICALS : Announces Year-End Audited Financial Statements & MD&A
AQ
09:01pAnalysis on Impact of COVID-19-Barbecue Sauce Market Segmented by Product and Geographic Landscape, 2019-2023 | Technavio
BU
08:56pBROOKFIELD INFRASTRUCTURE PARTNERS L P : to Issue $400 Million of Medium-Term Notes
PU
08:45pPG&E : Focused on Essential Safety and Wildfire Mitigation Projects as COVID-19 Pandemic Continues
BU
08:35pGREAT AJAX CORP. : Announces $80 Million Private Placement
BU
Latest news "Companies"