Diem

The European Union's flag
European Council Takes One Step Closer to Ratifying Landmark Crypto Regulation
The European Council and Parliament will now negotiate the rules set out in the framework.
The European Union's flag

Coinbase CEO Brian Armstrong (CoinDesk archives)
Everyone Wants Crypto Regulations – On Their Terms
The industry is speaking, but lawmakers may not be listening.
Coinbase CEO Brian Armstrong (CoinDesk archives)

US Lawmakers Push Back on Facebook’s Novi Wallet Launch
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
A group of U.S. lawmakers have ordered Facebook CEO Mark Zuckerberg to “immediately discontinue the company’s pilot of Novi” and end its work on the Diem stablecoin project, s...
US Lawmakers Push Back on Facebook’s Novi Wallet Launch

Sen. Brian Schatz (D-Hawaii) is taking Facebook to task for its Novi pilot. (Sarah Silbiger/Bloomberg via Getty Images)
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.
Sen. Brian Schatz (D-Hawaii) is taking Facebook to task for its Novi pilot. (Sarah Silbiger/Bloomberg via Getty Images)

Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Novi, Facebook’s digital wallet subsidiary, will go live in the U.S. and Guatemala in a pilot program without the Diem (formerly Libra) stablecoin, allowing users to trade the...
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout

Former Libra Director Joins Polkadot Builder
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, a...
Former Libra Director Joins Polkadot Builder

annie-spratt-5psJeebVp9o-unsplash
Diem: A Dream Deferred?
Is diem what the world needs? "It's a start," economist Darrell Duffie says.
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David Marcus, the head of Facebook's blockchain projects.
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
David Marcus, the head of Facebook's blockchain projects.

FATF Plenary Kicks Off Today
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 cryptocurrenc...
FATF Plenary Kicks Off Today

MOSHED-2021-6-21-12-33-54
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.
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