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Diem
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.

Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.

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 evolution.

Diem Scales Back, Sets Eyes on a US-Backed Stablecoin
Diem, the cryptocurrency formerly known as Libra, started off with ambitions to create a global crypto tied to a basket of currencies from around the world, but Diem has since transitioned to a new model to develop a U.S. dollar-based stablecoin. Its headquarters is moving from Switzerland to the U.S. Christian Catalini, Diem's co-founder joins "First Mover" to provide an update on the project.

About 80% of Central Banks Are Exploring CBDC Use Cases, Bison Trails Report Says
The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.

Facebook-Backed Diem Partners With Silvergate Bank to Issue US Dollar Stablecoin
Diem is moving its "primary operations" from Switzerland to the U.S.

Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021
After several delays, the Facebook-backed Diem project, formerly known as Libra, could launch a digital currency stablecoin pilot this year. “The Hash” panel gets into the details of the product and what it means for the world of crypto.

Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: Report
The pilot would see a single stablecoin pegged to the U.S. dollar.

Facebook-Led Diem Could Become White-Label CBDC Provider: Citi Report
The Diem white paper suggests the company would be open to discussions with central banks about providing this service.
