Facebook-backed Diem is moving its stablecoin project to the U.S.

Facebook-backed Diem is moving its stablecoin project to the U.S.

First there was Libra, Facebook's ambitious project to create a Swiss-based, global digital currency. Then Libra was no more; following massive regulatory pressure, the project's scope was narrowed and the name was changed to Diem. 

And now, the project isn't even Swiss-based anymore, as...

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