Visa and Mastercard Received ‘Scrutiny’ Threats Over Libra Ties: Details

The impact of the Operation Chokepoint 2.0 expanded beyond the crypto industry to tech giants like Visa and Mastercard. This revelation came to light through Balaji Srinivasan, the former CTO of Coinbase Exchange. In a post on X, Balaji shared a screenshot of a letter sent to Visa, Mastercard and Stripe from US lawmakers, urging them to back out from the Meta-backed Libra project.