British e-commerce FinTech Checkout.com has joined the Libra Association.
In Brief:
-
Libra is Facebook’s digital currency under development, currently referred to as a “basketcoin”.
-
The Association now stands at 25 members.
-
Notable members include Coinbase and Uber, as well as Facebook.
What does this mean?
April also saw Heifer International join the Association, but this follows several high-profile drop outs, including Visa, MasterCard, PayPal, eBay and Stripe.
Checkout.com’s CEO has however said the Association not only shares the FinTech’s philosophy, but has also demonstrated a “thoughtful and realistic” approach to leveraging blockchain. It also aligns with a goal of Libra’s not many can argue with – increasing financial inclusion.
