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Tag: diem

Dec 29 2020

What Are Stablecoins?

□ Dec 29 2020 □ Published at CoinDesk under tags  dai diem evergreen explainers learn

A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.

Dec 09 2020

Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA

□ Dec 09 2020 □ Published at CoinDesk under tags  banking china diem digital euro news

A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

Dec 07 2020

Rebranded Libra Still a ‘Wolf in Sheep’s Clothing’: German Finance Minister

□ Dec 07 2020 □ Published at CoinDesk under tags  diem europe germany libra news

German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.

Dec 04 2020

Facebook’s Crypto Testnet Reports Maximum 24 Transactions Per Second

□ Dec 04 2020 □ Published at Crypto Briefing under tags  business diem facebook libra

Facebook's testnet has been live for over a month as the Libra Association prepares for the next stage with broader participation among members. Facebook's Libra Moves a Step Ahead The latest update from the blockchain explorer finds the network performing at an average of six...

Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts

□ Dec 04 2020 □ Published at CoinDesk under tags  diem libra music news spotify

The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project.

Dec 01 2020

Libra Rebrands to ‘Diem’ in Anticipation of 2021 Launch

□ Dec 01 2020 □ Published at CoinDesk under tags  business diem libra stablecoins

The Libra Association is rebranding itself to "Diem" to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.

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