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The Libra Association has changed its name to the Diem Association to reinforce "its organisational independence" as the cryptocurrency could launch as early as January.
It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.
After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.
More than 50 central banks around the world are working on digital currency projects. However, the former head of Banque de France is sceptical.
With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.
German tech company solarisBank has unveiled its new subsidiary solaris Digital Assets, to strengthen its grip on the digital assets market.
The founder of Libra rival Saga reveals why he believes the new digital currency might be more successful than the Facebook project.
Libra has faced pushback from lawmakers across the world ever since Facebook announced the cryptocurrency project this summer.
The House of Representatives is looking to vote on legislation about how the Commodity Futures Trading Commission (CFTC) should regulate crypto assets.
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