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Libra

Diem co-creator Christian Catalini said the original vision for the stablecoin may have been "naive."
Markets
Libra
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 evol...
Diem co-creator Christian Catalini said the original vision for the stablecoin may have been "naive."
By Anna Baydakova
May 26, 2021 at 3:31 p.m. UTC
May 26, 2021
LibraStablecoinsDiemConsensus_2021Christian Catalini
Diem Association CEO Stuart Levey
Markets
Libra
Facebook-Backed Diem Partners With Silvergate Bank to Issue US Dollar Stablecoin
Diem is moving its "primary operations" from Switzerland to the U.S.
Diem Association CEO Stuart Levey
By Nikhilesh De
May 12, 2021 at 8:26 p.m. UTC
May 12, 2021
LibraSilvergate BankStablecoinsDiem
Understanding the Challenges of Developing a Financially-Inclusive Crypto Payments Platform
Video
Bitcoin
Understanding the Challenges of Developing a Financially-Inclusive Crypto Payments Platform
Dante Disparte, Chief Strategy Officer at Circle, comments on Turkey’s crypto payments ban and the outlook for stablecoins, including Circle’s popular USD Coin (USDC). Also, d...
Understanding the Challenges of Developing a Financially-Inclusive Crypto Payments Platform
By CoinDesk Staff
Apr 16, 2021 at 2:27 p.m. UTC
Apr 16, 2021
BitcoinLibraFacebookCircleDante-DisparteUSD CoincdtvDiemTurkeyCDSpotlight_Sponsor
Dante Disparte left the Facebook-linked Diem Association and joined Circle in April.
Markets
Circle
Circle Brings on Former Libra Vice Chair Dante Disparte in Potential Blow to Facebook Stablecoin Effort
Disparte will help Circle's global expansion efforts, CEO Jeremy Allaire wrote in a blog post.
Dante Disparte left the Facebook-linked Diem Association and joined Circle in April.
By Nikhilesh De
Apr 12, 2021 at 1:44 p.m. UTC
Apr 12, 2021
CircleLibraLibra AssociationDante-DisparteDiem
The suits show up when sectors become safe, after they plateau. They show up when something can be turned into a nice, predictable little business. They show up once it's boring.
Markets
Innovation
Don't Follow the Suits, Follow the Weirdos
The big wins in crypto are going to come from the punks, hippies and contrarians. In this very bullish season, don't be enraptured by the “grownups.”
The suits show up when sectors become safe, after they plateau. They show up when something can be turned into a nice, predictable little business. They show up once it's boring.
By Brady Dale
Mar 29, 2021 at 7:41 p.m. UTC
Mar 29, 2021
InnovationLibraDAOsOpinionInstitutionsDeFiYearn FinanceThe Node
globeshadow
Markets
Libra
BIS Researchers Grapple With Implications of Interoperable CBDCs
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
globeshadow
By Danny Nelson
Mar 19, 2021 at 9:11 p.m. UTC
Mar 19, 2021
Libracentral banksBISCBDCsDiem
German Finance Minister Olaf Scholz
Markets
Germany
Rebranded Libra Still a ‘Wolf in Sheep’s Clothing': German Finance Minister
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.
German Finance Minister Olaf Scholz
By Jaspreet Kalra
Dec 7, 2020 at 7:36 p.m. UTC
Dec 7, 2020
GermanyEuropeLibraDiem
Spotify app.
Markets
Music
Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts
The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the libra stablecoin project.
Spotify app.
By Sebastian Sinclair
Dec 4, 2020 at 12:49 a.m. UTC
Dec 4, 2020
MusicLibraDiemspotify
Diem CEO Stuart Levey said the first stablecoin issued by the former Libra Association would be a dollar-backed token, which is pending FINMA approval.
Finance
Libra
Libra Rebrands to 'Diem' in Anticipation of 2021 Launch
The Libra Association is rebranding itself as Diem to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.
Diem CEO Stuart Levey said the first stablecoin issued by the former Libra Association would be a dollar-backed token, which is pending FINMA approval.
By Nikhilesh De
Dec 1, 2020 at 2:00 p.m. UTC
Dec 1, 2020
LibraStablecoinsDiem
Facebook Libra
Markets
Facebook
Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
Libra might eventually get off the ground as early as January albeit in a more limited format.
Facebook Libra
By Sebastian Sinclair
Nov 27, 2020 at 6:20 a.m. UTC
Nov 27, 2020
FacebookLibraDigital Payments