2022-01-29
Washington Post
2 related
Sources: Diem Association was shuttered due to internal dispute, leaders' departure, and regulatory pushback, but a team of ~50 remains to run a pilot overseas
The social media giant's shuttering of the Diem project followed clashes over its direction and sustained opposition in Washington
2021-10-20
CoinDesk
20 related
Facebook starts testing its Novi wallet in the US and Guatemala, letting users trade the Paxos Dollar; Coinbase will provide custody services
the US and Guatemala. People can send and receive money instantly, securely, and with no fees. 1/8 David Marcus / @davidmarcus : I do want to be clear that our support for Diem hasn't changed and we i...
2020-12-02
CoinDesk
18 related
Libra Association changes its name to the Diem Association, distancing itself from Facebook, plans to launch the “Diem dollar” when the new entity is licensed
the goal from day 1!—and I can't wait to show you what we're building @Novi. https://twitter.com/... Kari Paul / @kari_paul : Remember Facebook's bitcoin project? It is now called Diem, not Libra, in ...
2020-12-01
CoinDesk
11 related
Libra Association is rebranding to Diem, distancing itself from the initial Facebook-led vision debuted last year, ahead of its expected 2021 stablecoin launch
The Libra Association put together by Facebook last year is rebranding in further efforts to distance itself from the original Facebook-led vision rolled out last year.
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