Diem not impressing Washington even with rebranding efforts: report
Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying and rebranding efforts.
Latest Diem News
Facebook Diem announces US stablecoin launch
The project, formerly known as Libra, had been envisaging a worldwide roll-out for its stablecoin, which it had planned would be pegged to a weighted basket of international currencies.
Facebook Diem set to launch pilot in 2021
Formerly known as Libra, the token is expected to be launched as part of a small test project in the coming month, during which time it will only be pegged to the value of the U.S. dollar.
UK government to focus on stablecoins first for regulation: minister
The stablecoins caused consternation in the U.K. when its launch was originally mooted back in 2019, in common with governments and central banks elsewhere in the world.
David Gerard: The birth pangs of Facebook’s crypto project
A staunch critic of Silicon Valley, writer and journalist David Gerard offers a stinging critique of Facebook’s cryptocurrency project.
The CoinGeek Pulse Episode 24: G7 on regulation, Diem faces new issues, Jimmy Nguyen talks to Fox Business
There has been no sign of slowing down for the digital currency industry as the recent G7 meeting concluded that world governments agree on digital assets regulations.
Facebook Libra rebrand draws legal and political ire
Facebook has been threatened with legal action after rebranding its Libra stablecoin to “Diem,” following objections from a finance startup with the same name.
Spotify to expand its digital currency footprint with new hire
The company is hiring a new payments head, with digital currencies, CBDCs and decentralized ledger technology among the areas of focus.
The CoinGeek Pulse Episode 23: Libra is now Diem, Douglas Rushkoff makes Streamanity debut, Royal family reacts to Bitcoin
In this week’s Pulse episode, we have the latest in cyberspace and Queen’s Elizabeth’s reaction after getting a blockchain journal in the mail.
Facebook’s Libra launching in 2021 and Libra Association changes its name
Facebook will be launching the first Libra-issued digital asset in early 2021, it will be a stablecoin backed 1 to 1 with the US dollar