Facebook’s Diem cryptocurrency project is likely coming to an end

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Facebook’s Diem cryptocurrency project is likely coming to an end

https://www.theverge.com/2022/1/25/22901830/facebook-meta-libra-diem-crypto-project-explores-sale?scrolla=5eb6d68b7fedc32c19ef33b4

More than two years after it was first announced, the Facebook-sponsored cryptocurrency formerly known as Libra appears to be coming to an end. The Diem Association set up by Facebook to manage the digital token is exploring a sale of its assets after meeting resistance by regulators who opposed the initiative, according to a new report by Bloomberg.

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