JPMorgan Chase and Goldman Sachs rejected an invitation to join the Libra Association

JPMorgan Chase and Goldman Sachs have rejected Facebook’s request to invite them to join the Libra Association. The biggest concern of the two companies is that Libra will eventually be used for money laundering and criminal activities. On the other hand, Facebook did not comment on the non-participation of JP Morgan Chase and Goldman Sachs. The head of the Facebook blockchain had previously denied reports that banks such as Goldman Sachs refused to join the Libra Association.