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Facebook is to Scale the faces to the support test when a big payment of backers to quit

FILE PHOTO: A small piece of a toy figure standing on the representations of the virtual currency in the front end of the Scale, the logo in this illustration picture the 21 of June, 2019 at the latest. REUTERS/dado Ruvic/Image/File Photo

LONDON (Reuters) – Facebook has Scale cryptocurrency is for it to be a crucial meeting of the backers on a Monday, a day after the digital-currency project suffered a severe blow as a major payment companies to stop it.

Mastercard’s (MA.(N) and Visa (V. N), leaving the Geneva-based Scale’s Association on Friday, just as eBay (EBAY).D), the fintech startup of the Line, and the payments company is Mercado Pago.

Politicians and regulators in the United States to Europe, said that the Scale of risks from disruption of global financial stability, and the undermining of the right to privacy of the users and the facilitation of money laundering.

PayPal (PYPL.D) it began, the Scale is the Association of exodus, this month, moving away from Facebook, without the support of all of the payments from the project, due to launch in June 2020.

Scales said this month it would give you the details after the end of the meeting, of the 1,500 “entities” that have shown “enthusiastic interest” in order to take part in the project.

The members of the board will have a charter and the appointment of a board of directors, on the monitor, a meeting of shareholders, which will be held in Geneva, the Wall Street Journal reported this month.

A hospital spokeswoman did not immediately respond to questions at a meeting of the Libra Society, whose other members include Vodafone (VOD.(L) and a ride from the companies Uber and Lyft.

It also contains a non-for-profit organizations, venture capital groups, and blockchain businesses, however, the departure of major financial companies, will be presenting a stumbling block for Libra’s efforts to convince regulators and politicians across the sale of of safety.

France last month agreed to block the Scale of the operation, with the reserve Bank of india and the creation of high hurdles it must meet to be started. In the U.S., the Federal Reserve Chairman, and Jerome Powell, has also been proposed that the project will not make it before the objections have been complied with.

Report by Tom Wilson; Editing by Alexander Smith

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