The Diem saga started in 2019 when Facebook announced a new digital currency called Libra. The mission was simple yet ambitious. Facebook wanted to create a simple global payment system and empower ...

Silvergate Capital SI shares surged Thursday after Diem Association, a digital-currency group backed by Facebook FB, tapped the financial-services company to issue the Diem USD stablecoin. Shares of ...

On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and other assets related to the operations ...

The crises of the past year have heightened awareness of technology that can deliver funds faster, giving early movers a chance to demonstrate real-word use cases for faster payments. The Boston-based ...

The year 2021 seems to be a big year for the blockchain world as several projects, such as nonfungible tokens (NFTs) and centralized decentralized finance exchanges (CeDeFis), are taking the central ...

LONDON, Dec 1 (Reuters) - Facebook-backed (FB.O), opens new tab cryptocurrency Libra has been rebranded "Diem" in a renewed effort to gain regulatory approval by stressing the project's independence.

The emergence of the COVID-19 pandemic and Artificial Intelligence have propelled the digital transformation of the business world, accelerating the use of eCommerce transactions. Cryptocurrencies ...

The Facebook-backed digital currency Diem is aiming to trial in 2021, CNBC reported. Each stablecoin will be pegged to the US dollar, the report said. Originally named Libra, Facebook's digital ...

Digital currency group Diem Association, formally known as Facebook Inc's Libra project, plans to launch a U.S. dollar stablecoin as it scales back its global ambitions to focus on the United States, ...

Diem Networks US, a subsidiary of the association, will run the Diem Payments Network and register as a money services business with the Financial Crimes Enforcement Network (FinCEN), while Silvergate ...