Libra
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.
Libra Creator David Marcus Says He’s Leaving Facebook at Year’s End
He leaves the stablecoin project, first announced in June 2019, as it continues to face stiff regulatory headwinds.
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
A group of Democrat senators is taking umbrage with a pilot launch involving Novi and Paxos’ USDP stablecoin.
Former Libra Director Joins Polkadot Builder
Bertrand Perez is joining the Web3 Foundation as chief operating officer after resigning from the Facebook-linked Diem in July.
Former Libra Director Joins Polkadot Builder
Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, as COO. "The Hash" group discusses what this could signal about the future of Diem and Polkadot and the possible impact on stablecoin regulation.
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
FATF Plenary Kicks Off Today
The Financial Action Task Force, a G7 initiative to develop policies against money laundering and terrorism financing, is holding an ongoing plenary session with cryptocurrency on its agenda. CoinDesk's Nikhilesh De sheds light on what to expect and the implications for the crypto community. He also discusses new observations about the Facebook-backed Diem project, formerly known as Libra.
State of Crypto: Reflecting on Libra's (Regulatory) Legacy
Facebook unveiled the Libra project a little over two years ago today. The original vision may have died but its legacy will live on.
Libra Co-Creator Still Has Regulatory 'PTSD' From Her Time at Facebook
To change global payment rails, "you probably need to be a cowboy if you're a startup," Morgen Beller said.
Diem Co-Creator Says Original Plan for Stablecoin Was 'Naive'
Diem, the latest iteration of Facebook's ambitious Libra project, had to make multiple concessions to calm the regulators. Chief Economist Christian Catalini explains the evolution.
