Facebook's new Libra cryptocurrency has not been even launched, but it is already losing partners. The company's plans for Libra have aroused concern among antimonopoly authorities both in the US and the European Union. This forced some of the cryptocurrency backers to reconsider their involvement in the project. Facebook's Libra was supposed to unite such giants as PayPal, Mastercard, Vodafone, Visa, Uber, Booking Holdings, eBay, and other companies. However, now these financial partners are having second thoughts about the Libra payment network due to close attention of European and American lawmakers and plans to create their own cryptocurrencies. The Facebook management believes that with the advent of Libra, control over monetary policy will shift from state central banks to private companies. This is a serious challenge even to such partners as Visa and Mastercard, who were the first to give up on funding a new token. Following the largest payment systems, several other companies also announced their decision to leave the project. Stripe promised to think it over, eBay abandoned the token due to plans to start its own project, while PayPal rejected to cooperate without explanation. Given the ambitions of the Facebook founder, no one expected that the new cryptocurrency would immediately be accepted. However, the project participants were not planning to face such opposition from governments and therefore declined the company's requests to publicly support Libra.
