Diem Archives - FortuneZ

Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans

July 23, 2021

The Facebook founder Mark Zuckerberg has gone public with his ambitions to transform his social media giant into a “metaverse company,” a move that could potentially have an impact on the firm’s Diem stableco...

Facebook’s New Stablecoin Aims a ‘Big Comedown’ from Grand Libra Plans

May 13, 2021

Once heralded as the future of global finance, it appears that the Facebook-led Diem project (formerly Libra) is now set to launch in the United States as a USD-pegged stablecoin. In a press release, Faceboo...

Facebook Is Expected to Pilot Launch Diem in 2021

April 20, 2021

Facebook and its digital currency partners are expected to launch Diem, formerly known as Libra, for a small-scale pilot run later this year, according to a CNBC report on Tuesday. The anonymous source of th...

Top Exec Say Facebook Hopes To Introduce Its Crypto And Wallet In 2021

December 8, 2020

Top exec say Facebook hopes to introduce its crypto and wallet in 2021. A top executive at Facebook Financial said that global regulators should give Facebook-backed cryptocurrency Diem "the benefit of doubt"...

Facebook Hit With Lawsuit Threats Over Libra Rebrand Plan

December 8, 2020

Facebook hit with lawsuit threats over Libra rebrand plan.Facebook has been hit by threats of legal action as a result of its decision to rebrand the Libra stablecoin project as 'Diem' from the same name fina...

Facebook Gets Legal Threat for Renaming Libra to Diem

December 8, 2020

Facebook’s aim to launch a digital currency is looking at another roadblock as UK fintech Diem is considering to take the social media giant and its crypto partners to court over the recent rebranding of the ...

Libra Rebrands to Diem Ahead of the January Launch

December 2, 2020

The Libra Association announced that it has adopted a new name to mark a fresh start of the project ahead of the tentative launch in 2021. Libra association will be called the ‘Diem’ association from now on. ...