According to the BBC’s sources, the members have not discussed the fee at the Libra Association’s first general assembly last week. To date, no members of the Libra Association Council have paid the required $10m minimum investment to fund the Facebook cryptocurrency – apart from Facebook. The Libra Association, which is based in San Francisco, California, has been working with Facebook since 2014 and was set up by Mark Zuckerberg as part of his vision for an “open Internet”. PayPal, Visa, Mastercard, Stripe, eBay, Mercado Pago and Booking recently left the group linked to Facebook's proposed digital currency libra. David Marcus, head of Facebook's crypto wallet Calibra, said the departures had not affected the project.
To date, no members of the Libra Association Council have paid the required $10m minimum investment to fund the Facebook cryptocurrency – apart from Facebook. The Libra Association, which is based in San Francisco, California, has been working with Facebook since 2014 and was set up by Mark Zuckerberg as part of his vision for an “open Internet”. PayPal, Visa, Mastercard, Stripe, eBay, Mercado Pago and Booking recently left the group linked to Facebook's proposed digital currency libra. David Marcus, head of Facebook's crypto wallet Calibra, said the departures had not affected the project.