FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach/File Photo
(Reuters) – EBay Inc said on Friday it would exit Facebook Inc’s planned cryptocurrency Libra, joining Paypal.
“We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” EBay said in a statement.
Reporting by Munsif Vengattil in Bengaluru; Editing by Shinjini Ganguli