Facebook-backed digital currency project Libra has a new member [MSNBC.com]
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Source: MSNBC.com
Facebook Chairman and CEO Mark Zuckerberg testifies before the House Financial Services Committee on "An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors" in the Rayburn House Office Building in Washington, DC on October 23, 2019.Mandal Ngan | AFP | Getty ImagesBritish payments start-up Checkout.com has joined the Libra Association, the digital currency project set up byCheckout.com is the first payment processor to join the initiative since U.S. giantsVisaMastercardShopifyLibra was introduced by Facebook back in June as a global currency that would allow users to make faster and cheaper cross-border payments. But the project quickly drew the ire of policymakers around the world who worried it could heavily disrupt the financial system, risk potential money laundering and compete with fiat currencies like the U.S. dollar.Checkout.com CEO and co-founder Guillaume Pousaz acknowledged that blockchain — a technology originally conceived as the network u
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