At the time, representatives including Chairwoman Maxine Waters, D-Calif., had asked Marcus whether Facebook would postpone its plans until the necessary regulations were in place. Visa , Mastercard , Stripe and eBay have welcomed PayPal ’s withdrawal from Facebook ’s libra crypto project , saying they respected the scheme but want to focus on other things . Stripe and Visa , however , remain open to becoming involved again in the future . Questions have been raised about how libra would impact sovereign currencies and what protection consumers would have . Libra will be part of a House Financial Services Committee sitting later in January 2019 that will question Facebook CEO Mark Zuckerberg . The Libra Association , however , has said it is still willing to move forward .
Visa , Mastercard , Stripe and eBay have welcomed PayPal ’s withdrawal from Facebook ’s libra crypto project , saying they respected the scheme but want to focus on other things . Stripe and Visa , however , remain open to becoming involved again in the future . Questions have been raised about how libra would impact sovereign currencies and what protection consumers would have . Libra will be part of a House Financial Services Committee sitting later in January 2019 that will question Facebook CEO Mark Zuckerberg . The Libra Association , however , has said it is still willing to move forward .