Vodafone leaves Facebook's Libra project over regulatory scrutiny

Vodafone has backed out of Facebook's cryptocurrency project Libra reportedly over continuous regulatory scrutiny, the tech giant said, adding that the makeup of the Association members may change. The list of 29 partners has reduced to 20 with MasterCard, Visa, among others also leaving the association. Notably, the Libra Association said over 1,500 entities are interested in joining the project.