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Diem Is Dead: Is Facebook Done with Crypto?

Facebook unveiled its ambitious cryptocurrency plan in June 2020: it partnered with a couple of dozen of other companies to launch a stablecoin project, then called Libra and now Diem.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Diem Is Dead: Is Facebook Done with Crypto?
Facebook unveiled its ambitious cryptocurrency plan in June 2020: it partnered with a couple of dozen of other companies to launch a stablecoin project, then called Libra and now Diem.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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