Diem, Facebook’s cryptocurrency, appears to have its days numbered

TOPICS: cryptocurrencies, Diem, Facebook, Libra, Meta, theallineed

In June 2019, Facebook proposed a revolution: Zuckerberg announced his cryptocurrency Libra and painted a future in which we would pay our Facebook, Messenger and WhatsApp contacts with this digital currency. The project, however, never took off. The idea didn’t go down well with regulators, and Facebook (now Meta) had to scale back its ambitions […]

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