The Libra Association held its inaugural meeting this Monday in Switzerland, gathering 21 of the intended 28 members, reported Reuters. The board of five members was elected right after the news that Booking (NASDAQ:BKNG) Holding had also withdrawn from the Association.
The Libra Association already had lost PayPal, MasterCard, VISA, Stripe, eBay (NASDAQ:EBAY), and Mercado Pago, as the payment providers moved away from the project. The withdrawals were rumored since the beginning of October, and happened after Libra faced further criticism from US senators.
Visa (NYSE:V), Mastercard (NYSE:MA) and Stripe left after they received letters of warning from Democrati...