Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Why Facebook Investors Shouldn't Be Worried About Companies Pulling Out of Libra

Video Credit: The Street - Duration: 01:19s - Published < > Embed
Why Facebook Investors Shouldn't Be Worried About Companies Pulling Out of Libra

Why Facebook Investors Shouldn't Be Worried About Companies Pulling Out of Libra

Facebook's Libra project is having partners withdraw from the fledgling cryptocurrency project left and right.

It started with Paypal withdrawing last week.

Then Stripe, eBay , Mastercard and Visa withdrew.

So, should investors be worried about companies withdrawing from the Libra project?

Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS portfolio, broke down why investors shouldn't be too concerned.

He also explained why the companies may be gunshy of the project.

"They're still supportive of it sounds like they're very supportive of the project, the longterm vision of it.

However, the regulatory challenges just seem a little bit too steep right now and there's just been a lot of criticism around the product," said Marks.

Watch the full video for more.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Recent related videos from verified sources

Facebook's Libra Hearing Could Also Shed Light on Anti-Trust, Privacy Issues [Video]Facebook's Libra Hearing Could Also Shed Light on Anti-Trust, Privacy Issues

The latest tech issue to come to the forefront publicly has been Facebook's controversial cryptocurrency, Libra. While Libra will be the topic CEO Mark Zuckerberg presents on in front of the House..

Credit: The Street     Duration: 01:43Published

Jim Cramer Warns Don't Get Caught In This Market Bear Trap [Video]Jim Cramer Warns Don't Get Caught In This Market Bear Trap

Put down that IPO. Cramer's been very honest about his feelings around the IPOs coming to market. "During the period 1999-2000, more than 350 companies came public that rapidly disappeared but not..

Credit: The Street     Duration: 01:20Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.