Facebook-Backed Libra Association Changes Its Name to Diem

Libra Association, a cryptocurrency project started by Facebook Inc. that drew regulatory blowback worldwide, is hoping a new name offers a fresh chance to win over regulators and gain a foothold in the emerging market.

1 Dec 2020 ... The group will now be known as Diem Association, named for the word “day” in Latin, with its subsidiary Diem Networks serving as the payment ...

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