Shopify joins nonprofit behind Facebook's Libra currency

Online commerce platform Shopify on Friday said it has joined the nonprofit association behind Facebook's planned Libra cryptocurrency. Canada-based Shopify signed on as a member of the Libra Association after a string of companies dropped out in the face of criticism by regulators worried the borderless digital money is a threat to national sovereignty. "We spend a lot of our time thinking about how to make commerce better in parts of the world where money and banking could be far better," Shopify said in a blog post. "We're excited to be part of the Libra Association and look forward to how the project may improve commerce everywhere."