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News
Silvergate Bank Is Buying Assets of Diem for $182 Million
2022-02-01T09:10:56.624+02:00
Diem will start the process of winding down.
The payment will be made in both Silvergate shares and cash.
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Facebook Is Putting an End to Stablecoin Project Diem
2022-01-26T09:30:17.551+02:00
The consortium is reportedly looking for a buyer to sell its assets.
Diem founder David Marcus also left the project last year.
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After a Successful Pilot in Hong Kong, Tests of China's Digital Yuan to Expand
2021-05-13T12:06:46.000+02:00
Implementation of the digital yuan could significantly reduce the cost of cross-border transactions.
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Facebook-Backed Diem to Launch USD Stablecoin with Silvergate Bank
2021-05-13T09:33:48.000+02:00
The non-profit has moved its ‘main operations’ from Switzerland to the US.
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Facebook Is Expected to Pilot Launch Diem in 2021
2021-04-20T13:19:44.000+02:00
The insider highlighted that the launch will be on a much smaller scale.
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Facebook Gets Legal Threat for Renaming Libra to Diem
2020-12-08T13:38:36.000+02:00
The fintech named Diem will send a cease and desist letter first to protect its brand name.
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Spotify Hints Launch of Crypto Services
2020-12-04T12:09:44.000+02:00
The company is looking for someone to oversee its services in the cryptocurrency space.
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Libra Rebrands to Diem Ahead of the January Launch
2020-12-02T09:15:37.000+02:00
The Facebook-backed project makes an attempt to distance itself from the old vision.
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News
Will Facebook's Libra Launch in January? Experts Weigh In
2020-12-01T13:21:27.000+02:00
A scaled-down version of Libra is reported to be launched in January, but the regulatory path forward is still unclear.
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Facebook Plans to Launch Libra in January 2021
2020-11-27T09:23:36.000+02:00
The world’s largest social networking platform is planning to launch its digital currency in a limited format.
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Bilal Jafar
Executive Moves
Libra Hires Former UBS Executive Saumya Bhavsar
2020-11-26T10:11:05.000+02:00
She will head the legal department of Libra’s payment subsidiary.
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Interviews
Whatever Happened to Facebook's Libra? Down the Rabbit Hole with David Gerard
2020-11-17T13:42:37.000+02:00
David Gerard on his new book, "Libra Shrugged: How Facebook Tried to Take Over the Money."
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News
Libra Association Adds Blockchain Capital as a New Member
2020-09-18T15:23:49.000+02:00
The consortium now has 28 members including Facebook.
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Ex-Homeland Security Legal Head Stevan Bunnell Joins Libra Association
2020-08-27T09:09:24.000+02:00
He replaced Robert Werner as the Swiss non-profit’s new general counsel.
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Executive Moves
Libra Association Appoints Sterling Daines as Chief Compliance Officer
2020-06-10T19:25:12.000+02:00
He served as a managing director and deputy head of financial crime compliance at Goldman Sachs earlier in his career
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Calibra’s Rebrand to ‘Novi’: An Effort to Create Distance from Facebook?
2020-05-29T13:33:15.000+02:00
The wallet formerly known as 'Calibra' will henceforth be known as 'Novi'. What are the reasons for the rebrand?
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Facebook Rebrands Libra-Wallet Calibra to Novi
2020-05-27T09:06:44.000+02:00
The wallet can be integrated with Messenger and WhatsApp.
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Executive Moves
Libra Association Names Robert Werner as General Counsel
2020-05-20T06:59:28.000+02:00
Werner joins the Association as it starts the payment system licensing process with FINMA.
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Libra Association Adds Singapore’s Temasek, Two Venture Capitals
2020-05-15T10:36:10.000+02:00
The non-profit now has 27 members.
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Nearly a Year After Libra's Launch, Fake Libra Token Scams Persist
2020-05-14T09:53:54.000+02:00
Nearly a year after the Libra project was launched, fake Libra token scams are a persistent problem.
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News
Payment Processor Checkout.com Joins the Libra Association
2020-04-28T15:12:49.000+02:00
The whitepaper of Libra was recently changed to cope up with regulatory guidelines.
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"Blockchains Are...Bad”: David Gerard on Libra, CBDCs, & the Facts of Life
2020-04-22T15:23:03.000+02:00
David Gerard, crypto skeptic, journalist, & author of 'Attack of the 50-Foot Blockchain' isn't afraid to tell it like it is.
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Is 'Libra 2.0' Any More Appealing to Regulators than the Original?
2020-04-21T13:58:53.000+02:00
Facebook has published a new version of the Libra whitepaper with some key changes. Is it enough to appease regulators?
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Libra Association Adds Heifer International as 23rd Member
2020-04-20T20:15:52.000+02:00
This came after Facebook and its partners updated Libra whitepaper.
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Facebook to Hire 50 Staff in Ireland for Calibra
2020-04-20T17:38:32.000+02:00
The Libra Association recently updated its whitepaper, making major changes.
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