Here's what it means for Facebook that companies are backing out of Libra

There seems to be more trouble ahead for Facebook's digital currency project "Libra." Stripe, Mastercard, Visa, and eBay have joined PayPal in withdrawing from the coalition that's backing the effort. Anthony Pompliano, co-founder and partner at Morgan Creek Digital Assets, and Avivah Litan, analyst at Gartner Research, join "Squawk Box" to discuss.

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