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Bulletins

Libra is now called Diem

The cryptocurrency effort, backed by Facebook, is now called Diem, and will initially launch a single dollar-backed coin.


Stuart Levey, CEO of the Diem Association, said "the original name was tied to an early iteration of the project that received a difficult reception from regulators."

Facebook's payments unit was previously rebranded from Calibra to Novi Financial.

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