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Diem
Paradigm on Coinbase, DeFi, Diem and the Crypto Council for Innovation
Paradigm General Counsel Gus Coldebella shares his views on the significance of Coinbase’s fast growth and public listing. Also, other crypto projects of interest to Paradigm and the outlook for Diem.

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.

UK to Focus Regulation on Stablecoins Rather Than Crypto in General: Report
“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.

Microsoft President Says Fintech Firms Should Leave Digital Currencies to Governments
"We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks," said Brad Smith.

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.

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU
The ECB believes it should have the final say ahead of any proposed stablecoin launches.

Fireblocks on the Planned Launch of Diem, the Rebranded Libra project
Fireblocks CEO & Co-founder Michael Shaulov joins “All About Bitcoin” to discuss the forthcoming launch of Diem, the stablecoin project Facebook started.

Diem Stablecoin Prepares for Liftoff With Fireblocks Custody Partnership
The rebranded Libra network aims to come out with an initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.

Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

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.
