PayPal Withdraws Its Support From Facebook's Libra Cryptocurrency

Online payment systems giant Paypal has officially withdrawn from the Libra Association behind Facebook's upcoming cryptocurrency. This marks the first member to drop out after months of scrutiny against Libra from the governments and regulators. While Paypal has not revealed its reasoning behind the withdrawal, the company issued a statement to Tech Crunch explaining that they wish instead to "continue to focus on advancing our existing mission and business priorities as we strive to democratiz...