Facebook-backed Diem digital currency project abandons Swiss license application, will move to the U.S. ...United Arab Emirates

Technology by : (CNBC) - Wednesday 12/05/2021 - 11:30 PM (2021-5-12)

Formerly known as Libra, Facebook's vision for a digital currency was met with a severe backlash from regulators when it was first announced in June 2019.

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