Death knell for Mark Zuckerberg's crypto dreams after regulators block Meta's Diem
Death knell for Zuckerberg's dream of Diem cryptocurrency after regulators block it
Source: euronews.com
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Death knell for Zuckerberg's dream of Diem cryptocurrency after regulators block it
A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital
The end: Facebook-backed digital currency Diem sold to bank | 2022-02-02 05:09:09
The Facebook-backed Diem cryptocurrency project has shut down after federal regulators said that the project could not move ahead.
Assets of the cryptocurrency project, launched two-and-a-half years ago as Libra, are sold.