June 16, 2025

Shopify joins Facebook cryptocurrency

Shopify joins Facebook cryptocurrency

According to the official statement, the Internet company Shopify has become a full member of the Libra Association.

INThe press release stated:

At the moment, most financialThe world's infrastructures cannot meet the needs of the growing Internet commerce sector. Our partnership with Libra – This is a step towards solving this global problem.

If Libra gets approvalregulators, merchants and buyers of the Shopify platform will be able to avoid paying fees for payment card transactions. The Libra project does not involve fees for transferring funds between wallets. 

However, at the moment, the governments of most countries in the world have spoken out against the launch of the Facebook cryptocurrency project. 

Let us remind you that Vodafone and MasterCard recently left the Libra Association.