Visa and Mastercard want to abandon the development of cryptocurrency Facebook

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Companies are reviewing the decision due to criticism from the governments of the US and Europe.

Payment companies Visa and Mastercard intend to refuse participation in creating the cryptocurrency Libra, initiated by Facebook, reports The Wall Street Journal, citing its own sources, reports the online edition of the Chronicle.info with reference to zn.ua.

According to sources, the company that originally agreed to participate in the development of crypto-currencies, reconsider due to criticism of the project by the governments of the US and Europe.

It is noted that such a decision could adversely affect the launch of Libra. Facebook has invited the leading partners who have agreed to participate in the creation of cryptocurrencies to the meeting, to be held in the near future.

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