Facebook's Libra currency is trying and failing, or at least getting into trouble. The company is facing challenges just to bring the currency work while juggling ethical issues. The public PayPal exit set off a series of events and reports reveal more companies are leaving the association.

Facebook announced the launch of its new cryptocurrency, Libra, on Tuesday. But the critics already have their doubts. France's finance minister was among the first to voice his misgivings over Libra, saying it must not be allowed to become a "sovereign currency."