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Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch

Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch

Facebook-backed Libra Association has rebranded its name to the Diem Association ahead of the proposed launch of its dollar-backed stablecoin.

Facebook's Rebranding of Libra Stablecoin to Diem May Face Copyright Infringement Lawsuit

Facebook's Rebranding of Libra Stablecoin to Diem May Face Copyright Infringement Lawsuit

Facebook’s idea to rebrand its Libra stablecoin project to “Diem” may not be as smooth sailing as what the corporate firm had in mind.

Aptos Labs Raises $150m Co-Led by FTX Ventures & Jump Crypto

Aptos Labs Raises $150m Co-Led by FTX Ventures & Jump Crypto

Aptos plans to use the latest capital to bring the now-defunct Diem project back to life.

Facebook Aims to Integrate NFTs in Novi Digital Wallet

Facebook Aims to Integrate NFTs in Novi Digital Wallet

Tech-giant Facebook is escalating its influence by integrating NFTs in its Novi Digital Wallet.

Meta to Shut Down Novi Crypto Wallet in September

Meta to Shut Down Novi Crypto Wallet in September

Although Meta Inc said it will end the Novi digital Wallet, the firm plans to continue executing its existing fintech goals to boost greater financial inclusion as it looks ahead to the metaverse.

Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z

Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z

Former Meta Platforms Inc staff, led by Mo Shaikh, have raised $200 million in a strategic funding round for its new startup Aptos.

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Diem Association is planning to move its main operations from Switzerland to the United States.

Former SEC Chair Jay Clayton Joins Crypto Advisory Board

Former SEC Chair Jay Clayton Joins Crypto Advisory Board

Former SEC Chairman Jay Clayton has taken up an advisory role with crypto firm One River Digital Asset Management.

Facebook Rebrands to Meta, Seeking to Develop the Metaverse

Facebook Rebrands to Meta, Seeking to Develop the Metaverse

The pioneering social media giant, Facebook Inc, has rebranded its name to Meta as it seeks to foster the development of the metaverse, a term made famous by the current craze in the NFT ecosystem.

Novi Digital Wallet Ready to Show on the Market, Facebook’s David Marcus Says

Novi Digital Wallet Ready to Show on the Market, Facebook’s David Marcus Says

The head of Facebook Financial, David Marcus, has revealed that Facebook’s Diem cryptocurrency is ready for launch.

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.

Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies

Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies

Binance CEO Changepeng Zhao (CZ) and two major crypto executives believe traditional financial institutions have a long way to go before they embrace digital currencies.

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Brad Smith has criticized financial technology firms attempting to issue currencies, stating that governments are still best suited to play this role.

What to Expect of Cryptocurrency and Bitcoin Trends in 2021

What to Expect of Cryptocurrency and Bitcoin Trends in 2021

With Bitcoin rising to new heights, the cryptocurrency’s sustained price rally on the markets may be indicative of what may be in store for it next year.

Coinbase Crypto Exchange to Support CBDCs in the Future as Long as They Meet Listing Standards

Coinbase Crypto Exchange to Support CBDCs in the Future as Long as They Meet Listing Standards

Brian Armstrong, Coinbase's CEO, has stated that the crypto exchange was open to the idea of supporting central bank digital currencies (CBDCs) on its network in the future.

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

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