How Political Resistance Crushed Facebook’s Libra Vision for Global Payments
David Marcus, the former leader of Facebook’s Libra cryptocurrency project, has revealed the factors behind the initiative’s downfall. According to Marcus, political pressures and the debanking of supportive institutions were instrumental in halting the project despite its robust design and significant regulatory consultations. How Facebook’s Libra Was ‘Politically Killed’ In a post on X (formerly…