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</html><thumbnail_url>https://www.ecommercebytes.com/wp-content/uploads/2019/06/Libra.jpg</thumbnail_url><thumbnail_width>450</thumbnail_width><thumbnail_height>305</thumbnail_height><description>PayPal pulled out of the entity overseeing Facebook&#x2019;s new crypto currency initiative. PayPal was reportedly spooked by backlash from regulators in and outside of the US. Facebook had announced the Libra Association in June, an independent, non-for-profit entity created to govern the Libra &#x201C;virtual currency&#x201D; built on blockchain technology. As we reported in June, PayPal [&hellip;]</description></oembed>
