The Diem Association, a nonprofit with strong ties to Facebook, has moved its main operations to the United States from Switzerland, according to a press release. Diem, which grew from Facebook’s controversial Libra digital currency effort and is run by 26 members, also said in...
Goodbye Libra and hello Diem. Facebook’s cryptocurrency project on Tuesday (Dec. 1) unveiled a new name as it seeks to put some distance between itself and its powerful but controversial Big Tech sponsor. Taking a page from one of the world’s oldest languages, the Libra...
May 12, 2021
The Diem Association, a nonprofit with strong ties to Facebook, has moved its main operations to the United States from Switzerland, according to a press release. Diem, which grew from Facebook’s controversial Libra digital currency effort and is run by 26 members, also said in the release that a wholly owned subsidiary, Diem Networks U.S., […]
December 01, 2020
Goodbye Libra and hello Diem. Facebook’s cryptocurrency project on Tuesday (Dec. 1) unveiled a new name as it seeks to put some distance between itself and its powerful but controversial...
