Mastercard CEO details why the company pulled out of Libra, says he had concerns about how Libra went from an “altruistic idea” to Calibra, a proprietary wallet (Robert Armstrong/Financial Times)

Source: Techmeme

Robert Armstrong / Financial Times : Mastercard CEO details why the company pulled out of Libra, says he had concerns about how Libra went from an “altruistic idea” to Calibra, a proprietary wallet — – Money laundering questons on Facebook’s digital currency — Banga does not understand how Libra makes money

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