New title, outdated issues? Renaming Libra to Diem nonetheless faces challenges
New name, old problems? Renaming Libra to Diem still faces challenges
The rebranding of the Facebook-backed Libra Association in Diem aimed to quell negative perceptions of the project, but its new name hasn’t changed the regulatory pressures the project is still facing.
It has been 18 months since Facebook (NASDAQ 🙂 announced that it is starting its own payment system project that can be integrated into its social media platforms. Interest in the Libra project quickly turned to examespecially from regulators, financial institutions, central banks and major governments.
Read on on Coin Telegraph
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading loss you may incur as a result of using this information.
Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information such as data, offers, charts and buy / sell signals contained on this website. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.