Facebook Hit With Lawsuit Threats Over Libra Rebrand Plan

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

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

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. ...

Facebook Plans to Launch Libra in January 2021

Facebook is reportedly planning to launch its ambitious project Libra as early as January 2021. The digital currency will be launched in a limited format than originally anticipated. According to a report by...

Libra Hires Former UBS Executive Saumya Bhavsar

Facebook-led Libra Association announced on Wednesday the hiring of Saumya Bhavsar as the General Counsel of Libra Networks, the payment system subsidiary of the blockchain consortium. Though the development...

Libra Association Adds Blockchain Capital as a New Member

San Francisco-based Blockchain Capital has become the latest member of the Libra Association to support the consortium’s attempt to launch a stablecoin for the Facebook ecosystem. The venture capital has bec...